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$298,000

NAL Estimated Property Value

115 S Colorado St, Edna, TX, 77957

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,623 Sq Ft
price_per_sqft$156.44 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Cooktop
FlooringCarpet, Granite, Hardwood

Exterior

Exterior FeaturesStorage
Lot Size14,810 sqft

Building Information

Year Built2000

Land Information

APNR16082
Lot Number5,6
SubdivisionEdna
Land UseResidential
Legal DescriptionEDNA, BLOCK I, LOT 100X150FT 4 -LT 5-6 HERRERA-, ACRES 0.34
Census Tract950300
Assessed Land Value$6,900
Assessed Improvement Value$242,790
Assessment Year2025

About this property

This meticulously renovated home is a must see. Throughout the interior, aqau tech waterproof laminate flooring has been updated, and the walls have been repainted to create a contemporary and inviting atmosphere. The kitchen boasts granite countertops, recessed lighting, and custom cabinets. The spacious utility room offers ample room for an office or craft space. The detached garage features a two-car carport and a single-car garage door. Currently, it serves as a half bath and a separate entertainment area. An additional structure in the backyard has been completed and is currently used as a workshop.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$244,536Estimated Mortgage Balance
$53,464Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,531
$249,690
2025
$6,900
$242,790
$249,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,531
$249,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Fha
$249,300
Yes
First
Apr 21, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,536
$53,464
17%
82%
$1,495/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: Edna

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