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$229,000

103 5th Street, Rule, TX, 79547

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.01 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size5,009 sqft

Building Information

Year Built1975

Land Information

APN565
Land UseResidential
Legal DescriptionVERNER ADDITION CITY OF RULE (ABST 906) TR 1D
Census Tract950400
Assessed Land Value$750
Assessed Improvement Value$110,330
Assessment Year2025

About this property

Welcome to country living with room to breathe, all conveniently located just inside the city limits of Rule. This charming three-bedroom, two-bathroom ranch-style brick home offers the perfect blend of comfort, space, and functionality. Step through the front door into the oversized, newly remodeled kitchen, where a massive center island takes center stage. Complete with abundant storage, bar seating, and plenty of workspace, this kitchen was designed for entertaining. A cozy breakfast area and separate dining room provide ample room for family gatherings, holiday meals, and hosting friends. Just off the kitchen, you'll find a spacious laundry room with exceptional storage and enough space for an additional freezer or refrigerator. The inviting living room features new flooring and a beautiful brick fireplace with a wood-burning insert, creating a warm and welcoming atmosphere. All three bedrooms are generously sized, while the primary suite offers excellent closet space and a private ensuite bath. An added bonus is the sunroom located just off the kitchen, providing the perfect spot to enjoy your morning coffee or afternoon tea while overlooking the mature shade trees and fenced patio area. Outside, the property continues to impress with acreage and several valuable improvements. A second structure offers endless possibilities and, with a little TLC, could become a guest cabin, home office, hobby space, or workout room. The metal garage-shop features a concrete floor and a working water well, making it ideal for projects, storage, or recreational use. With its combination of comfortable living space, energy-efficient solar panels, versatile outbuildings, and room to spread out, this unique property offers the best of small-town living with country charm.

Investor Tools

$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

Interested in this property?

Megan Cox

Rike Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,128
$111,080
2025
$750
$110,330
$111,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,128
$111,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
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: Rule

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103 5th Street | Property Details | No Agent List