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$811,000

1500 River Grove RD, Kingsbury, TX, 78666

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$60.36 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Private PoolPrivate Pool
Lot Size1.92 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2G-0031-0000-05800-000
SubdivisionPettus Edward
Land UseResidential Single Family
Legal DescriptionABS: 31 SUR: EDWARD PETTUS 1.9210 AC.
Census Tract210506
Assessed Land Value$194,781
Assessed Improvement Value$270,256
Assessment Year2025

About this property

Beautiful San Marcos Riverfront property on 1.825+/- acres located in the Fentress area. Property was once used as a Bed & Breakfast with large main house & two cottages. Gorgeous grounds with native plants & flowers! Concrete steps lead you down to the water for access and recreation. Bring your RV/travel trailer and make it the perfect weekend spot! All utilities in place. Property flooded in 2013 & 2015, sheetrock and insulation have been removed.Guest Accommodations: Yes Restrictions: Unknown

Investor Tools

Property Icon
$811,000
Estimated Property Value
$0Estimated Mortgage Balance
$763,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,866 /month
Positive
Cash Flow Estimate:
$1,622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,258
$449,374
2025
$194,781
$270,256
$465,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,258
$449,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frontier Bank Of Texas
Building Or Construction Loan
$52,500
No
First
Jan 29, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,114
$763,886
94%
6%
$315/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: Kingsbury

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1500 River Grove RD | Property Details | No Agent List