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$345,000

NAL Estimated Property Value

112 Gerhardt St, Riesel, TX, 76682

$366,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.75 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size33,084 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN420012000010009
Lot Number10
SubdivisionOakwood
Land UseResidential
Legal DescriptionOAKWOOD LOT 10 BLOCK 1 ACRES .7595
Census Tract003602
Assessed Land Value$32,420
Assessed Improvement Value$297,060
Assessment Year2025

About this property

PRICE IMPROVEMENT! USDA eligible + seller will pay $5000 in closing costs. Home comes with move-in professional cleaning and a one year home warranty. 3 bedroom 2 bath brick home on nearly an acre in Riesel! Country setting but conveniently close to down. You'll love the neighborhoods spacious lots. This home features a bonus room, extra large storage area with garage door, bonus storage room behind the laundry room and a formal dining room/office. Soooo much space! It's the one you've been waiting for!

Investor Tools

Property Icon
$345,000
Estimated Property Value
$271,671Estimated Mortgage Balance
$73,329Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$366,499
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,862
$329,480
2025
$32,420
$297,060
$329,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,862
$329,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Hughes Spring
Commercial
$280,000
No
First
Sep 20, 2024
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,671
$73,329
21%
79%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,679/mo
$-129/mo
5.4%

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: Riesel

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112 Gerhardt St | Property Details | No Agent List