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$450,000

1620 W Us Highway 290, Carmine, TX, 78932

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,270 Sq Ft
price_per_sqft$354.33 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDisposal, Electric Range, Dishwasher, Refrigerator
FlooringLaminate

Exterior

Lot Size1 acre

Building Information

Garage Spaces1

Land Information

APN39497
Land UseResidential
Legal DescriptionABS A082 PHELPS M LG,1. ACRES,HSE, C/PORT, PMPHSE,GARAGE
Census Tract970100
Assessed Land Value$76,000
Assessed Improvement Value$255,950
Assessment Year2025

About this property

Experience the best of Texas living in this stunning, fully renovated ranch-style home. This home was meticulously renovated from top to bottom in 2023, this 3-bedroom residence offers a seamless blend of modern style and relaxed country vibes. Every detail has been refreshed, including chic new flooring throughout, new light fixtures, new windows, new HVAC, and roof approximately 6 years old, and a crisp, contemporary paint palette inside and out. Located just 10 minutes from the world-class dining and legendary antique shopping of Round Top, you are perfectly positioned for weekend adventures. Situated between Houston and Austin, this home is a versatile gem, ideal as a serene weekend getaway, a savvy investment property, or your permanent "forever" home. Step inside and start living the quiet life you’ve been dreaming of! Whether you're looking for a low-maintenance primary residence or a high-demand short-term rental, this property delivers. Schedule your private tour today!

Investor Tools

$181,962Estimated Mortgage Balance
$288,345Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Ruby McCullough

McKenzie Banks Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,545
$331,950
2025
$76,000
$255,950
$331,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,545
$331,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Round Top State Bank
Purchase Money Mortgage
$191,250
No
First
Sep 19, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,962
$288,038
61%
39%
$1,147/mo

City: Carmine