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$510,000

NAL Estimated Property Value

1003 Spring St, Bastrop, TX, 78602

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,184 Sq Ft
price_per_sqft$182.69 / sqft
Year BuiltBuilt in 1903

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesBuilt In Gas Range, Built In Oven, Dishwasher, Free Standing Gas Range, Gas Oven, Gas Water Heater
FlooringCarpet, Concrete, Laminate, Linoleum, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size21,083 sqft

Building Information

Year Built1903
Roof Type112
Garage Spaces2

Land Information

APNR34873
SubdivisionBuilding Block
Land UseResidential
Legal DescriptionBUILDING BLOCK 29 E W ST, ACRES 0.4840
Census Tract950401
Assessed Land Value$116,590
Assessed Improvement Value$245,793
Assessment Year2025

About this property

Back on market! Historic Home on a prize corner lot in Downtown Bastrop - walkable, bikeable, lovable. Original part of the home has gorgeous wood floors, high ceilings, shiplap, knob & tube wiring, and is built on pier & beam. Some of the original shiplap has been revealed and some is still covered with paneling. Later additions were built on slab and have parquet & laminate floors, updated electric and lower ceilings. Mini split AC's have been added but there is no central air. Main house is 2 bedroom (none ensuite), 2 bathroom, 2 living - while the cottage guest house is 1 room (currently used as a bedroom) with 1 full bathroom and a window unit. The City of Bastrop B3 Code allows up to 2 ADU's (accessory dwelling units) in the backyard with 60% impervious cover max. There is a possibility to add another guest house with access from Jefferson St. See City of Bastrop Planning & Development website for details. Kindly review ALL documents with your agent before booking an appointment, this home is priced according to disclosed condition. Several of the rooms and the garage are being used for storage in preparation for an estate sale. 1-2 hours notice needed for showing. Listing Agent must be present. 30-60 day seller leaseback is needed.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$293,808Estimated Mortgage Balance
$217,279Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,895
$362,383
2025
$116,590
$245,793
$362,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,895
$362,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$318,750
No
First
Jan 31, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,808
$172,192
36%
58%
$1,912/mo

City: Bastrop

1003 Spring St | Property Details | No Agent List