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$194,500

1013 S Madison St, McGregor, TX, 76657

PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.97 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size13,351 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces1

Land Information

APN341355000002001
Lot Number2
SubdivisionPaschall & Skipper
Land UseResidential
Legal DescriptionPASCHALL & SKIPPER LOT 2 BLOCK 1 ACRES .3065
Census Tract003902
Assessed Land Value$37,510
Assessed Improvement Value$201,550
Assessment Year2025

About this property

Affordable and updated in McGregor! Stop paying your landlord's mortgage and invest in your own future. This 3 bedroom home is all electric with hard flooring throughout, updated windows, an attached garage, and a low-maintenance brick exterior. The covered patios on the front and back of the home are perfect for enjoying your down time and the storage shed with workroom is ideal for lawn equipment or pursuing your favorite hobbies. HVAC has just been serviced and the water heater has just been replaced! About half of the back yard is fenced, while the back half is ready for your future expansion! SpaceX, Knauf, and downtown McGregor are just moments away, and Highway 84 provides a quick commute to Woodway. Please verify square footage.

Investor Tools

$153,059Estimated Mortgage Balance
$75,683Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,081
$227,568
2025
$37,510
$201,550
$239,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,081
$227,568

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Conventional
$133,000
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,059
$74,509
32%
67%
$1,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$1,008/mo
+$502/mo
8.0%

City: McGregor

1013 S Madison St | Property Details | No Agent List