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$505,828

NAL Estimated Property Value

1203 Mesquite St, Bastrop, TX, 78602

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,808 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.89 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size14.83 acres

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR32072
SubdivisionFarm Lot
Land UseResidential
Legal DescriptionFARM LOT, BLOCK 26 E M ST (FR) & 29 E M ST, ACRES 14.8310
Census Tract950401
Assessed Land Value$336,413
Assessed Improvement Value$169,415
Assessment Year2025

About this property

Own your own hilltop within the city limits of Bastrop. 14.8310+/- acres. 1808+/- brick home. Road frontage on Hwy 95. Varied topography. Lots of trees. Great opportunity to develop this tract. Currently zoned Place Type P2 Rural. Buyer must confirm the development process: zoning, subdivision platting, construction of public roads, drainage plans, site development plans, etc. High line electric easement on land. Tenant occupied home. Please call the listing agent for an appointment.Restrictions: Yes

Investor Tools

Property Icon
$505,828
Estimated Property Value
$348,067Estimated Mortgage Balance
$157,761Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,035 /month
Positive
Cash Flow Estimate:
$1,012 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,921
$505,828
2025
$336,413
$169,415
$505,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,921
$505,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Commercial
$360,000
No
First
Mar 24, 2023
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,067
$157,761
31%
69%
$2,459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,459/mo
$-833/mo
3.9%

City: Bastrop

1203 Mesquite St | Property Details | No Agent List