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$199,000

226 & 230 Thornton Street, Gonzales, TX, 78629

$242,376 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths2,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.44 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size10,341 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN12183
Land UseResidential
Legal DescriptionPT 1 RANGE I
Census Tract000400
Assessed Land Value$9,000
Assessed Improvement Value$152,430
Assessment Year2025

About this property

Unique Dual-Home Opportunity on Nearly Half an Acre Discover the potential in this versatile property featuring two homes on just under 0.5 acres—perfect for rental income, multi-generational living, or a live-in-one, rent-the-other setup. The main house offers over 1,500 sq ft of living space (per CAD) with 2 bedrooms and 1 bathroom. Inside, you’ll find a functional layout including a kitchen, dining area, and bonus space ideal for an office, hobby room, or additional living area. Enjoy the outdoors from the covered porches, and take advantage of ample storage with four separate storage buildings. The second home is a 2 bedroom, 1 bathroom residence with 800 sf according to CAD featuring its own living area and kitchen, along with a small storage shed—great for guests or rental income. Positioned between the two homes is a detached garage with a dirt floor, offering additional utility or workspace potential.

Investor Tools

$0Estimated Mortgage Balance
$161,430Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$242,375
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Terrell Newton

Land Brokers, INC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,044
$161,430
2025
$9,000
$152,430
$161,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,044
$161,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,430
100%
0%
$0/mo

City: Gonzales

226 & 230 Thornton Street | Property Details | No Agent List