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$286,000

237 Forest St, Columbus, TX, 78934

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.57 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier
FlooringCarpet

Exterior

Lot Size36,329 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN1062090010610
Lot NumberA
SubdivisionA-44 E Tumlinson
Land UseResidential
Legal DescriptionA-44 E TUMLINSON .834 AC COLUMBUS & HOUSE, PORTION IN CITY LIMITS (AKA PT LOT A HOFFMAN DIVISION #1)
Census Tract750400
Assessed Land Value$144,950
Assessed Improvement Value$105,960
Assessment Year2025

About this property

HIGHLY SOUGHT AFTER RANCH HOUSE ON 1.7 RIVERFRONT ACRES ON THE COLORADO RIVER in historic COLUMBUS, TEXAS!! The front portion of the property including the house, is located in the city limits of Columbus with city utilities and is subject to city ordinances. The back part of the property is located in Colorado county and is unrestricted. The beautiful wooded acreage offers +/-190 feet of riverfront exposure on the Colorado River providing beautiful views and river access. The home has 2 bedrooms & 2 bathrooms, large living room with a fireplace, and kitchen. It is move in ready, but will welcome your tasteful updating. Refrigerator, washer & dryer are included. Two car detached garage with concrete driveway. Three outbuildings are currently on the property. Personal viewings are encouraged, but are by appointment only!

Investor Tools

Property Icon
$286,000
Estimated Property Value
$248,496Estimated Mortgage Balance
$63,886Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,839
$250,910
2025
$144,950
$105,960
$250,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,839
$250,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$248,496
No
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,114
$64,886
22%
78%
$1,490/mo

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.

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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: Columbus

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237 Forest St | Property Details | No Agent List