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$239,000

NAL Estimated Property Value

257 Iowa Place, Van, TX, 75790

$239,736 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,747 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.87 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size22,651 sqft

Building Information

Year Built1973
Stories1
Garage Spaces1

Land Information

APN064.0297.5143.0000.0000
Land UseResidential
Legal DescriptionACRES: 0.520 ABST: 297 SUR: M GROSS
Census Tract950801
Assessed Land Value$34,310
Assessed Improvement Value$162,580
Assessment Year2025

About this property

RARE, CLEAN, WALLET SAVER in Van ISD. Freshly painted inside and out with new carpet throughout, this brick, ranch style home on a half acre corner lot has something for everyone! 20 x 40 insulated metal building with roughed in plumbing makes for a great shop, man cave, she shed, or finish it out for rental income. Pretty white kitchen opens to large living room with romantic, wood burning fire place with french doors and a great view of the backyard. Massive multi-use room with double doors opens to living room and kitchen and is ideal for a home office, workout studio, playroom, or additional bedroom. Large backyard is the perfect place to create a Texas Oasis. Featuring a beautiful in-ground pool and privacy fencing, this spacious yard is begging for summer barbecues and family gatherings. There is so much potential in this already adorable home. Schedule your private showing today!

Investor Tools

Property Icon
$239,000
Estimated Property Value
$166,884Estimated Mortgage Balance
$72,116Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$239,736
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,219
$196,890
2025
$34,310
$162,580
$196,890
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,219
$196,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Commercial
$172,000
No
First
Sep 6, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,884
$72,116
30%
70%
$1,032/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: Van

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257 Iowa Place | Property Details | No Agent List