Last 24 Hours
$290,000
223 Walnut Street, New Ulm, TX, 78950
$331,977 ARV
On Market
3 Beds
1 Bath
1,446 Sq Ft
Single Family Residence
$200.55 / sqft
Built in 1920Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1FlooringWood
Exterior
Lot Size24,372 sqft
Building Information
Year Built1920
Land Information
APN17347
Lot Number3,11-15
SubdivisionNew Ulm Townsite
Land UseResidential
Legal DescriptionNEW ULM TOWNSITE BLOCK 19 LOT 3 & 11-15
Census Tract760400
Assessed Land Value$113,769
Assessed Improvement Value$36,071
Assessment Year2025
About this property
This historic home on.43 acres is being sold as is. This is a fixer upper with lots of potential waiting to be brought back to its beauty! The home features original hardwood flooring, shiplap walls, high ceilings and a metal roof. This is a 3/1. Primary bedroom and bathroom are downstairs and 2 bedrooms upstairs. Lovely crapemyrtles line the front yard. There is a shed in the back that was used by the creamery that could be restored or tore down. The side yard has a separate septic system which serviced a home that was there at one time.
Investor Tools
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$331,976
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$588
$136,518
2025
$113,769
$36,071
$149,840
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2024
$588
$136,518
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo
12.4%