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$139,900

205 College St, Chico, TX, 76431

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.55 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Cooktop
FlooringVaries, Vinyl, Wood

Exterior

Lot Size18,731 sqft

Building Information

Year Built1960
Stories1
Roof Type112
Garage Spaces5

Land Information

APNA0410.9119.00
SubdivisionA-410 Wm Hersee
Land UseResidential
Legal Description103X103 0.4300 ACRES
Census Tract150405
Assessment Year2025

About this property

Three-bedroom, one-bath home offering 840 square feet of living space with strong utility and flexibility, ideal for buyers seeking a property with workspace, storage, or a home-based business setup. Built in 1960, this home blends vintage character with functional improvements. The home features original hardwood floors, a metal roof, and vintage Dearborn heaters, preserving its classic charm. Outside, a six-car carport provides extensive covered parking, while the shop with sliding doors and electricity makes this property especially well-suited for mechanics, tradesmen, or anyone working from home who needs dedicated workspace. Flexible Purchase Options This property is being offered in multiple configurations:     •    House on approximately .43 acres     •    Back lot only approximately 0.51 acres     •    Entire property just under 1 acre total This flexibility allows buyers to choose the setup that best fits their needs, whether for residential use, workspace separation, or future plans. Located in Chico, this property offers a rare combination of usable land, covered parking, and powered shop space, making it an excellent opportunity for buyers who value function, independence, and versatility.

Investor Tools

Property Icon
$138,000
Estimated Property Value
$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$501
$108,417
2025
N/A
N/A
$144,141
No

Tax History

Year
Tax Paid
Assessed Value
2024
$501
$108,417

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,000
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: Chico

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