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$159,000

$162,000

1403 W 11th St, McGregor, TX, 76657

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.88 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size6,778 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN341160000077002
Lot Number7
SubdivisionHeart Of Texas Homes
Land UseResidential
Legal DescriptionHEART OF TEXAS HOMES LOT 7 BLOCK 6 ACRES .1556
Census Tract003902
Assessed Land Value$16,200
Assessed Improvement Value$123,040
Assessment Year2025

About this property

Charming 3-bedroom, 1-bath home is the perfect blend of comfort and opportunity. Ideal as a starter home or investment property, this residence has a functional layout, updated finishes, and a spacious kitchen with ample cabinetry. The established yard provides character and some hardy plants such as heirloom rose bushes, cannas and several fruit trees, while the oversized deck creates the perfect setting for entertaining or relaxing outdoors. The garage has been closed in but not finished. It offers lots of storage space or the opportunity to add on. Located in McGregor ISD, this property is move-in ready with room to make it your own.

Investor Tools

$129,801Estimated Mortgage Balance
$39,199Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

Interested in this property?

Lindsy Baize

Texas Luxury and Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,856
$139,240
2025
$16,200
$123,040
$139,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,856
$139,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$143,232
No
First
Aug 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,801
$39,199
23%
77%
$859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$859/mo
+$651/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: McGregor

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1403 W 11th St | Property Details | No Agent List