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$130,768

136 Grissom Dr, Gun Barrel City, TX, 75156

$169,998 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.53 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
FlooringVinyl

Exterior

Lot Size7,841 sqft

Building Information

Year Built1978

Land Information

APN3850-0073-0030-53
Lot Number3
SubdivisionPleasure Land Ests #1, #2 (105)
Land UseResidential
Legal DescriptionTR 73 LT 3 AB 483 B MEDRO SUR, PLEASURE LAND ESTS #2 TR 73 LT 3 (UNREC/PLAT)
Census Tract950601
Assessed Land Value$91,200
Assessed Improvement Value$39,568
Assessment Year2025

About this property

Well kept property that partially backs up to the lake. Master bedroom is a great size with a half bath but with an addition that needs to be completed for a tub or shower to be put into place to make it into a full bath by a new owner with a vision. This home will also make a good getaway home for weekends or vacation. There is also a boat ramp that needs repair in the backyard. Buyer to verify all measurenents and schools. 30 day leaseback is needed. There is no survey and buyer will need to purchase one.

Investor Tools

Property Icon
$130,768
Estimated Property Value
$90,000Estimated Mortgage Balance
$45,573Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$169,998
Rent-to-Value Ratio: 0.72%
Rent Estimate
$840 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,113
$130,768
2025
$91,200
$39,568
$130,768
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,113
$130,768

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$90,000
No
First
Jun 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,195
$45,573
34%
65%
$540/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: Gun Barrel City

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136 Grissom Dr | Property Details | No Agent List