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$246,760

10631 Varmus Dr, Converse, TX, 78109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Refrigerator, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size6,751 sqft

Building Information

Year Built2021
Stories1
Roof Type109
Garage Spaces1

Land Information

APN18225-021-0290
Lot Number29
SubdivisionPaloma Subd
Land UseResidential
Legal DescriptionNCB 18225 (PALOMA SUBD UT-11), BLOCK 21 LOT 29 2021-NEW PER PLAT 20002/151-152 FILED 12-11-2020. CR-50939. JLF/GIS/2-3-2021
Census Tract131802
Assessed Land Value$56,960
Assessed Improvement Value$189,800
Assessment Year2025

About this property

**TWO WEEKS FREE RENT** Clean and move in ready! Corner lot in fantastic neighborhood with amenities! Quick access to 1604 & IH35, Forum shopping, Ikea, and more. Automatic garage door opener. In ground sprinkler system. Huge backyard. Spacious living/dining room. Fully equipped kitchen with granite counters and stainless steel appliances. Resident responsible for $20/mo Utility & Maintenance Reduction Program. $150 admin fee. Renter's insurance required. Move In Incentive: Two weeks free rent with move in by 12/31/2025. Two week discount applied to the second month's rent.

Investor Tools

Property Icon
$246,760
Estimated Property Value
$184,874Estimated Mortgage Balance
$77,617Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,481 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,155
$246,760
2025
$56,960
$189,800
$246,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,155
$246,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$184,874
No
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,143
$77,617
31%
69%
$1,109/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,109/mo
+$871/mo
9.6%

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: Converse

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10631 Varmus Dr | Property Details | No Agent List