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$108,590

NAL Estimated Property Value

222 S Fairpark Street, Riesel, TX, 76682

$141,167 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.25 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size14,810 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN420036000327009
SubdivisionSanchez J D
Land UseResidential
Legal DescriptionSANCHEZ J D ACRES .34
Census Tract003602
Assessed Land Value$17,480
Assessed Improvement Value$91,110
Assessment Year2025

About this property

Cute fixer-upper in the heart of Riesel with lots of potential! This 2-bedroom, 1-bath home has been recently leveled and has very solid bones, making it an ideal opportunity for an investor or buyer ready to make it their own. There is room to reimagine the layout, including the possibility of adding a primary suite for added value and functionality. That space is off the kitchen and was used as extra dining space. Conveniently located within walking distance to the local school and nearby restaurants ( a local favorite!), this property combines small-town charm with everyday convenience.

Investor Tools

Property Icon
$108,590
Estimated Property Value
$16,096Estimated Mortgage Balance
$92,494Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$141,167
Rent-to-Value Ratio: 0.72%
Rent Estimate
$652 /month
Positive
Cash Flow Estimate:
$217 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,365
$108,590
2025
$17,480
$91,110
$108,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,365
$108,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$20,000
No
First
Feb 17, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,096
$92,494
85%
15%
$120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$120/mo
+$1,310/mo
15.8%

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: Riesel

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222 S Fairpark Street | Property Details | No Agent List