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$249,000

1601 Owens Avenue, Three Rivers, TX, 78071

$323,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.18 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
FlooringLaminate

Exterior

Lot Size15,002 sqft

Building Information

Garage Spaces2

Land Information

APN0070-0002-0001-00
Lot Number1,2
Land UseResidential
Legal DescriptionROSS MURRAY BLOCK 2 LOT 1 & 2
Census Tract950100
Assessed Land Value$18,200
Assessed Improvement Value$177,080
Assessment Year2025

About this property

1601 Owens Ave – Three Rivers, Texas Spacious updated brick home on a large corner lot with dual access from Owens Ave and Montgomery St in Three Rivers. This 2,125 sq ft single-story home offers 3 bedrooms, 2 bathrooms, plus a flexible bonus room that could serve as a 4th bedroom, office, or hobby space. Bright living area features laminate flooring, recessed lighting, and a cozy wood-burning fireplace. The kitchen offers abundant cabinetry, updated backsplash, and all appliances convey, making it move-in ready. Energy-efficient solar panels help reduce utility costs. Exterior features include a 2-car garage, additional parking, privacy fence, and spacious .34-acre yard with room to enjoy outdoor living. Conveniently located just minutes from local schools, shopping, and dining in town, and only a short drive to the popular fishing and recreation areas of Choke Canyon Reservoir. If you’ve been looking for a comfortable home with space, efficiency, and flexible living options in Three Rivers, this property is definitely worth a look.

Investor Tools

$0Estimated Mortgage Balance
$255,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$323,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Cindi DuBois

United Country RE-Bluntzer RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,418
$195,280
2025
$18,200
$177,080
$195,280
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,418
$195,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$255,000
100%
0%
$0/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: Three Rivers

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1601 Owens Avenue | Property Details | No Agent List