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$199,000

$205,000

203 Frost Creek Ave, Groesbeck, TX, 76642

$233,241 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.82 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size13,494 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APNR4517
Lot Number17
Land UseResidential
Legal DescriptionDURHAM ADDITION SEC 1 GROESBECK, BLOCK 003, LOT 017
Census Tract970600
Assessed Land Value$13,630
Assessed Improvement Value$376,960
Assessment Year2024

About this property

INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $3,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. A brick fireplace anchors the living room at 203 Frost Creek Ave, where a single-level layout spans approximately 1,723 square feet. The galley kitchen features wood cabinetry, a tile backsplash, and counter space along both sides, with an adjoining dining area overlooking the front yard. Built-in shelving and cabinetry add storage throughout several rooms, while two bathrooms and a separate laundry area support the layout. Outside, a covered front porch welcomes you home, and a covered rear deck overlooks the backyard. Multiple rooms provide flexibility for sleeping, working, or additional living space. Home comes with a 100-Day Home Warranty

Investor Tools

$112,830Estimated Mortgage Balance
$277,760Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,240
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,344 /month
Positive
Cash Flow Estimate:
$781 /month

Interested in this property?

Amber Broadway

Opendoor Brokerage, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,371
$390,590
2024
$13,630
$376,960
$390,590
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,371
$390,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cobalt Mortgage Inc
Fha
$154,646
Yes
First
Jul 14, 2014
Aug 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,830
$277,760
71%
29%
$0/mo

City: Groesbeck

203 Frost Creek Ave | Property Details | No Agent List