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$234,900

105 Canal St, Mathis, TX, 78368

$273,770 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.93 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size1 acre

Building Information

Year Built1970

Land Information

APN8055-0003-0015-00
Lot Number3
Land UseResidential
Legal DescriptionPEACE VALLEY HARBOR II BLOCK 3 LOT 3
Census Tract950400
Assessed Land Value$14,400
Assessed Improvement Value$176,540
Assessment Year2025

About this property

Cozy and well maintained home located on the lake. Pier and boat ramp included. This house is made out of cinder block, so it ain’t going anywhere. Updated shower, septic system, open covered patio, huge second living w/ built in bar for your gatherings and entertainment. Metal roof, new windows along lake front, new 5 ton HVAC unit. Home was loved by many and now it’s time for a new buyer. By county tax appraisal the lot is 1 acre.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$125,000Estimated Mortgage Balance
$108,542Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$273,770
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Sandra Sanchez

Cass Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$715
$190,940
2025
$14,400
$176,540
$190,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$715
$190,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
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.

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: Mathis

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105 Canal St | Property Details | No Agent List