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$150,329

1000 Elizabeth, Rankin, TX, 79778

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$48.89 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size1 acre

Building Information

Year Built1953

Land Information

APN3142
Lot Number1,2
Land UseResidential Single Family
Legal DescriptionWEST LAWN BLK 9 LOT 1-2:S34'-3
Census Tract950100
Assessed Land Value$5,226
Assessed Improvement Value$145,103
Assessment Year2024

About this property

Bring your magic to this legendary home that once belonged to Dr Gossett in Rankin TX. This 5 bedroom 3 bath home boasts ample space for all! Lounge in the front living room or host movie night in the large family room with an open concept layout. Want more for entertaining? How about a large INDOOR in-ground pool? The property also contains a water well to maintain landscaping. Need another plus? How about a guest home to welcome others for a weekend stay or to have as residual income?

Investor Tools

Property Icon
$150,329
Estimated Property Value
$0Estimated Mortgage Balance
$150,329Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$902 /month
Positive
Cash Flow Estimate:
$301 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,644
$150,329
2024
$5,226
$145,103
$150,329
No

Tax History

Year
Tax Paid
Assessed Value
2021
$2,644
$150,329

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$150,329
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rankin

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1000 Elizabeth | Property Details | No Agent List