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$35,000

205 S 2nd Street, Silsbee, TX, 77656

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths911 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$38.42 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size17,250 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN004100-000400
Lot Number13-16
SubdivisionSanta Fe Townsite
Land UseResidential
Legal DescriptionS04100 SANTA FE TOWNSITE BLK 1, LOT 13-16, ACRES .396
Census Tract030700
Assessed Land Value$2,940
Assessed Improvement Value$50,333
Assessment Year2025

About this property

Opportunity awaits at 205 S 2nd St in Silsbee! Situated on a spacious 0.40-acre lot, this 911 sq ft home offers tremendous potential for investors, flippers, or buyers looking to create their own vision. Built in 1958, the property features an attached garage and plenty of outdoor space for future improvements, expansion, or recreation. Conveniently located near schools, shopping, and local amenities, this property is ready for its next chapter. Whether you're searching for your next renovation project, rental investment, or affordable home with room to grow, this is one you won't want to miss. Bring your ideas and unlock the potential of this Silsbee property! Property is being sold as-is. (Photos are Virtually Staged)

Investor Tools

Property Icon
$134,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,688Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$89/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$398
$50,915
2025
$2,940
$50,333
$53,273
No

Tax History

Year
Tax Paid
Assessed Value
2025
$398
$50,915

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paul Carey Georgas
Stand Alone First / Home Equity First Lien
$50,000
No
First
Aug 13, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,312
$88,688
66%
34%
$300/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.

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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: Silsbee

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205 S 2nd Street | Property Details | No Agent List