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$109,000

2301 E 1st St, Petersburg, TX, 79250

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.86 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size11,195 sqft

Building Information

Year Built1948

Land Information

APN25170
Land UseResidential
Legal DescriptionBLACK PE BLK 21 N80'
Census Tract950800
Assessed Land Value$600
Assessed Improvement Value$70,695
Assessment Year2025

About this property

Take a look at this single-story 3-bedroom, 2-bath home in Petersburg, offering 1,456 square feet of living space per public records on approximately a quarter-acre lot. Inside, you'll find a comfortable living area, separate dining room, pantry, laundry space, walk-in closet, and ceiling fans. The property also features a mother-in-law suite of approximately 600 additional square feet that is not included in the home's reported living area. This flexible space offers several possibilities, subject to buyer verification. Outside, established flower beds and ample space for gardening make it easy to enjoy and personalize the yard. A porch, deck, central cooling, double-pane windows, and off-street parking add even more function. Buyer and buyer's agent to verify all information, measurements, utilities, condition, and permitted use of the additional area.

Investor Tools

$40,664Estimated Mortgage Balance
$39,336Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

Interested in this property?

Calvin Lyman

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$853
$71,295
2025
$600
$70,695
$71,295
No

Tax History

Year
Tax Paid
Assessed Value
2025
$853
$71,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Fha
$47,568
Yes
First
May 31, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,664
$39,336
49%
51%
$286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$286/mo
+$1,139/mo
21.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Petersburg

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