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$216,000

116 Iowa Place, Van, TX, 75790

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.91 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesNone
FlooringLaminate

Exterior

Lot Size14,898 sqft

Building Information

Garage Spaces2

Land Information

APN065.4450.0000.0001.0000
Lot Number1
Land UseResidential Single Family
Legal DescriptionACRES: 0.342 BLK: LOT: 1 ADDN: KIRK ADDN 2024
Census Tract950801
Assessed Land Value$18,340
Assessed Improvement Value$490
Assessment Year2025

About this property

Reduced! This cute home is waiting for the right person! Cozy as can be and perfectly remodeled! New Roof, New Floors, new paint, new counters, new plumbing, the electric has been updated and new porches have been added. This property is located on the edge of town with a country atmoshere! Easy access to I 20 if you commute , but right down the road from our great little town of Van! Did I mention this is a corner lot? The lot is .32 of an acre which gives plenty of room for xtra's, like pets, an outdoor kitchen and a wonderful place for a garden! This is a one bedroom, one bath home with a good size living area and a great kitchen! Move out of that apartment and invest in your own place or size down and retire to the easy life. This little gem is low maintanence and ready to be moved into, get busy living and enjoying what this East Texas Area has to offer!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$0Estimated Mortgage Balance
$216,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$299
$18,830
2025
$18,340
$490
$18,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$299
$18,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$216,000
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: Van

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