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NoAgentList RatingHow are grades calculated? Info
Days279Days on Market
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$105,000

218 S Bright St, Gonzales, TX, 78629

$118,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.17 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size9,762 sqft

Building Information

Year Built1943

Land Information

APN661
Land UseResidential
Legal Description24 J GIBSON
Census Tract000200
Assessed Land Value$20,090
Assessed Improvement Value$76,310
Assessment Year2025

About this property

Beautiful home with tons of potential situated on a large lot in the heart of Gonzales! Currently down to the studs- finish it out as your dream home! Many upgrades already completed.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$97,750Estimated Mortgage Balance
$72,858Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$118,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

Interested in this property?

M.E. Cook

Keller Williams Realty - SW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,610
$96,400
2025
$20,090
$76,310
$96,400
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,610
$96,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usam Fund 3 Llc
Commercial
$97,750
No
First
Nov 25, 2024
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,142
$54,858
36%
57%
$587/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: Gonzales

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218 S Bright St | Property Details | No Agent List