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$829,000

NAL Estimated Property Value

212 N Main St, Burton, TX, 77835

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.03 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Electric Oven, Dishwasher

Building Information

Year Built1939

Land Information

APN7500-049-00100 01
Lot Number1,2
Land UseResidential Single Family
Legal DescriptionS7500 - CITY OF BURTON, BLOCK 49, N/2 OF LOT 2 & ALL OF LOT 1 & PT OF MAGNOLIA ST
Census Tract170501
Assessed Land Value$32,380
Assessed Improvement Value$281,900
Assessment Year2023

About this property

Once an integral part of this community this former country store has been lovingly converted to a beautiful home in historic Burton, TX. Structure built in 1939 by Howard and Olefa Matthies and a store was operated in building until the early 2000’s. Sellers have designed lots of character and charm the into the space with its ship lap, pine floors and open concept. Inside the front door high ceiling complements the open space between the large living and kitchen and dining area, with convenient half bathroom. Kitchen has great layout the cook in your family will truly enjoy with quartz counters and farmhouse sink. Spacious utility room with great storage. Gorgeous primary bdrm with large closet and Spa-like bath. Two guest bdrms down the hall afford privacy and space with guest bathroom. Enjoy quiet nights under the stars in the outdoor patio area and walk to all the many local events like Burton Cotton Gin Festival, Texas Ranger Day as well as our unique restaurants and shops!

Investor Tools

Property Icon
$829,000
Estimated Property Value
$103,747Estimated Mortgage Balance
$725,253Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,974 /month
Positive
Cash Flow Estimate:
$1,658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,119
$314,280
2023
$32,380
$281,900
$314,280
No

Tax History

Year
Tax Paid
Assessed Value
2021
$3,119
$314,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Burton State Bank
Commercial
$124,200
No
First
Apr 12, 2018
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,747
$725,253
87%
13%
$745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$970/mo
$745/mo
+$225/mo
1.4%

City: Burton

212 N Main St | Property Details | No Agent List