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$136,260

NAL Estimated Property Value

208 S Karnes Ave, Cameron, TX, 76520

$140,566 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,284 Sq Ft
price_per_sqft$124.61 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
FlooringConcrete

Exterior

Lot Size34,142 sqft

Building Information

Year Built1940

Land Information

APNR22421
Land UseResidential
Legal DescriptionS06900 W W LEWIS (CATHOLIC CHURCH) BLK 9
Census Tract950402
Assessed Land Value$15,370
Assessed Improvement Value$120,890
Assessment Year2025

About this property

Two Homes for sale in Cameron, Tx - Discover a rare find in the heart of Cameron, Tx--2 Homes on one lot, providing an outstanding chance to generate rental income while enjoying small town charm. Whether you're an investor or looking for a place to call home, this property offers the best of both worlds. Each home features spacious layouts, w/ large rooms that offer plenty of comfort & versatility. Outside, you'll find a picturesque pecan tree in the front yard, adding to the property's inviting appeal. There's ample parking & generous storage for all your needs. Seize the opportunity to own in this peaceful community while optimizing your investment. This is small town living with big potential.

Investor Tools

Property Icon
$136,260
Estimated Property Value
$6,303Estimated Mortgage Balance
$129,957Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$140,566
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$261
$136,260
2025
$15,370
$120,890
$136,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$261
$136,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hollis Lewis
Unknown
$8,000
No
First
May 6, 2016
Nov 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,303
$129,957
95%
5%
$48/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: Cameron

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208 S Karnes Ave | Property Details | No Agent List