Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$127,000

NAL Estimated Property Value

231 1st Street 23, Vanderbilt, TX, 77991

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$361.98 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Water Heater, Range
FlooringTile

Exterior

Lot Size13,939 sqft

Land Information

APNR23934
Lot Number1,2
SubdivisionVanderbilt
Land UseResidential
Legal DescriptionVANDERBILT, BLOCK 22, LOT 1-2, ACRES 0.32
Census Tract950300
Assessed Land Value$7,140
Assessed Improvement Value$15,260
Assessment Year2025

About this property

This charming renovated tiny studio home offers the perfect blend of comfort and versatility, nestled on a spacious corner lot just under half an acre. Step inside to discover a modern kitchen with a gleaming granite countertop, custom cabinets, and tile floor throughout. Having a peace of mind with a durable metal roof is a plus! Enjoy outdoor relaxing under the expansive 16x16 covered porch. A paved sidewalk leads to a 35x25 double carport and RV storage, complete with a concrete slab, electrical and plumbing hookups! This property is packed with extras, including a 10x20 climate-controlled storage building, a 10x16 workshop with electricity, an additional carport for storage, and an adorable 8x12 playhouse that could easily transform into a cozy she-shed or man cave. With three convenient entrances, ample space for outdoor entertaining, and its location in the highly sought-after Industrial ISD school district, this unique property is a rare gem ready for you to call home!

Investor Tools

Property Icon
$127,000
Estimated Property Value
$267,748Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$444
$22,400
2025
$7,140
$15,260
$22,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$444
$22,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$136,482
No
First
Apr 16, 2025
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,748
N/A
0%
211%
$1,638/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Vanderbilt

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

231 1st Street 23 | Property Details | No Agent List