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$295,853

NAL Estimated Property Value

21236 Rainsong, Mathis, TX, 78368

$384,609 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,720 Sq Ft
price_per_sqft$73.49 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringOther

Exterior

Lot Size3 acres

Building Information

Year Built1975
Roof Type112
Garage Spaces2

Land Information

APN1710-0006-0000-000
SubdivisionC C Smith Subd
Land UseAgriculture / Farming
Legal DescriptionPART OF CC SMITH BLK 6 SUBDIVISION TRACT 2 (3.000 ACRES)
Census Tract011200
Assessed Land Value$44,430
Assessed Improvement Value$251,423
Assessment Year2025

About this property

Restore this 3-acre Farmhouse to its former glory! It features two sturdy sheet metal outbuildings, plus recent upgrades, including a new metal roof and completed foundation repairs. Priced attractively as-is, it offers a blank canvas for your vision of country living. Whether a private retreat or agricultural haven, this charming home promises endless potential.

Investor Tools

Property Icon
$295,853
Estimated Property Value
$0Estimated Mortgage Balance
$295,853Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$384,609
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,775 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,180
$295,853
2025
$44,430
$251,423
$295,853
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,180
$295,853

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,853
100%
0%
$0/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: Mathis

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21236 Rainsong | Property Details | No Agent List