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$180,000

1008 Pierce St, McGregor, TX, 76657

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.6 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Gas Range, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size6,747 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN341160000064009
Lot Number5
SubdivisionHeart Of Texas Homes
Land UseResidential
Legal DescriptionHEART OF TEXAS HOMES LOT 5 BLOCK 5 ACRES .1549
Census Tract003902
Assessed Land Value$16,200
Assessed Improvement Value$163,590
Assessment Year2025

About this property

Take a look at this quaint 2-bedroom, 1-bath home with a BONUS room right in the heart of McGregor. Thoughtfully updated in 2022 and well cared for since, this home offers a great mix of modern updates at an affordable price. The kitchen comes equipped with stainless steel appliances, including the refrigerator, washer, and dryer, making this home truly move-in ready. Step outside to an oversized backyard with a full privacy fence, a spacious deck that's perfect for relaxing or entertaining, and a storage shed for all your tools and outdoor equipment. Whether you're looking for your first home, downsizing, or adding to your investment portfolio, this charming McGregor property is one you won't want to miss

Investor Tools

Property Icon
$182,000
Estimated Property Value
$177,025Estimated Mortgage Balance
$18,527Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

Interested in this property?

Kayley George

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,697
$179,790
2025
$16,200
$163,590
$179,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,697
$179,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$177,025
No
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,473
$16,527
9%
90%
$1,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$1,062/mo
+$448/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: McGregor

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1008 Pierce St | Property Details | No Agent List