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$330,000

NAL Estimated Property Value

206 E Grayson St, Leonard, TX, 75452

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,495 Sq Ft
price_per_sqft$222.74 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal
FlooringLaminate

Exterior

Lot Size8,999 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN90175
Lot Number13
Land UseResidential
Legal DescriptionORIG TOWN LEONARD, BLOCK 23, LOT 13 & E 35' OF 14
Census Tract950701
Assessed Land Value$50,400
Assessed Improvement Value$1,000
Assessment Year2025

About this property

Welcome this new cozy three bedroom two and a half bathroom home featuring luxurious vinyl plank flooring, quartz countertops throughout the kitchen and bathrooms, along with a vibrant blue backsplash, and an electric cook top with an overhead exhaust fan. All bedrooms have vaulted ceilings giving a more spacious feel. The home also features an oversize eight foot tall double car garage door, with a painted epoxy floor. The home has an exterior patio and is sitting on .22 acres of land in a subdivision with no HOA's. There are mature trees providing plenty of shade from the summer heat. However Spray foam insulation has been installed on all exterior walls and ceilings including above the garage to provide better energy efficiency. This home is waiting for you to make it yours. Landscaping will soon be completed.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$298,369Estimated Mortgage Balance
$32,076Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,385
$51,400
2025
$50,400
$1,000
$51,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,385
$51,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$301,439
Yes
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,369
$31,631
9%
90%
$1,808/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: Leonard

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206 E Grayson St | Property Details | No Agent List