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$370,000

NAL Estimated Property Value

1531 Smith Rau Road, Columbus, TX, 78934

$481,000 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.45 / sqft

Property Lead Type:

ARV Flip

About this property

20 Acres! Beautiful stocked pond, clusters of sycamore trees at the waters edge. There is a gentle roll to the property of north Colorado County’s charm. Bouquets of live oak trees adorn the landscape. Cattle pens/corals are attached to the 2,926 sq. ft. metal barn. The structure was built around a railroad car. Within the structure are wooden floors, electricity & option to install AC/H unit. The steel framed metal barn opens on 3 sides giving you a covered awning & shading storage on 3 sides. Improvements include: 200amp electrical upgrade, water well, new septic system, RV hookups, an RV/camper porch & washer/dryer connections. Partially fenced. Current "bee" Ag. Valuation with CCAD. There's a seasonal creek in the very back creating a more unique terrain than the rest. NOT IN THE FLOOD PLAIN. Did not flood.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$481,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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: Columbus

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1531 Smith Rau Road | Property Details | No Agent List