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$299,000

211 W Grand Ave, Marshall, TX, 75670

Under ContractInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths5,238 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$57.08 / sqft
Year BuiltBuilt in 1894

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
AppliancesOther

Exterior

Lot Size22,085 sqft

Building Information

Year Built1894
Garage Spaces2

Land Information

APN04470.00050.00000.000000
Lot Number4
SubdivisionMason
Land UseResidential
Legal DescriptionACRES: 0.507 LOT: PT 4 5A SUBD: MASON HSE
Census Tract020302
Assessed Land Value$9,950
Assessed Improvement Value$269,640
Assessment Year2025

About this property

Own a remarkable piece of Texas history with this stunning historic estate in the heart of Marshall, originally built in 1894 and thoughtfully updated to blend modern comfort with timeless character. Spanning over 5,200 square feet, this impressive two-story home offers five bedrooms, three bathrooms, multiple living areas, formal living and dining rooms, and beautiful wood details throughout. Six fireplaces, rich wood flooring, soaring ceilings, and two grand staircases showcase the craftsmanship of a bygone era, while the updated kitchen features granite countertops, a kitchen dining area, and an incredible butler’s pantry designed for both everyday living and entertaining. The spacious wraparound porch, balcony, and cellar add even more charm and functionality to this one-of-a-kind property. Whether you're seeking a distinctive private residence, boutique business location, or potential bed and breakfast opportunity, this historic gem offers endless possibilities. Situated on over half an acre, the fully fenced property offers a unique blend of history, charm, and self-sufficiency. Enjoy harvesting fresh peaches, figs, and pecans from mature fruit and nut trees, while a chicken coop adds to the property's homestead appeal. A detached garage building dating back to 1912, storage buildings, and a large insulated workshop with the capability to be heated and cooled provide exceptional versatility. One of the property's most fascinating features is an authentic vehicle turntable located on the driveway, believed to be the only remaining example in Texas and once used to turn automobiles before reverse gears became common. With its unmatched character, rich local history, and remarkable collection of amenities, this move-in-ready Marshall landmark is truly a rare opportunity to own a property unlike any other.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$148,000Estimated Mortgage Balance
$160,848Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Ryan Major

Keller Williams Realty-Tyler

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,287
$279,590
2025
$9,950
$269,640
$279,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,287
$279,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank Of Jacksonville
Commercial
$148,000
No
First
Dec 21, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,407
$193,593
58%
46%
$888/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: Marshall

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