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$256,000

NAL Estimated Property Value

181 Norma Lee, SAN BENITO, TX, 78586

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,571 Sq Ft
price_per_sqft$76.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Lot Size7,532 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN61-0843-0000-0130-00
Lot Number13
SubdivisionKenneth D Lee Subdivision
Land UseResidential
Legal DescriptionKENNETH D LEE SUBDIVISION LOT 13 (CAB 1 SLOT 2321-A CCMR)
Census Tract011701
Assessed Land Value$57,605
Assessed Improvement Value$151,671
Assessment Year2025

About this property

Home was previously leased for about a year. Master b/r separates other two bedrooms. This would make a good home for a young couple buying their first home. Needs a little paint here and there and the carpet in a bedroom needs to be replaced. Only room with carpet. The back yard is fenced for privacy and carpet grass throughout. The water heater was replaced in 2013.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$0Estimated Mortgage Balance
$256,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,960
$209,276
2025
$57,605
$151,671
$209,276
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,960
$209,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
N/A
+$1,156/mo
5.4%

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: SAN BENITO

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181 Norma Lee | Property Details | No Agent List