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$749,000

NAL Estimated Property Value

301 S 3rd Street, Wortham, TX, 76693

Off MarketInfo
Beds19 Beds
Baths10 Bath
Baths7,564 Sq Ft
ApartmentApartment
price_per_sqft$99.02 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 19Bedrooms 19
Bathrooms 10Bathrooms 10
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCeramic Tile, Linoleum

Land Information

APN44006-00013-05160-002023
Land UseOther / Unknown
Legal DescriptionLEASED VEHICLE KAREN COLQUETTE
Census Tract000400
Assessment Year2025

About this property

Calling all investors! OWNER FINANCE AVAILABLE! This 10 unit apartment complex is an exceptional income producing property. With nine 2 bedroom, 1 bathroom and one 1 bedroom, 1 bathroom units all currently occupied except one of the 2 bedroom units. All units have been well maintained, each featuring a spacious layout, kitchen appliances and good sized closets. Additionally, you’ll find plenty of parking for tenants and an open outdoor space with mature shade trees surrounding the property. Just minutes from downtown Wortham giving you easy access to restaurants, shopping and more. Don’t miss your chance, take advantage of this opportunity and add this gem to your rental portfolio today!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

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

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
N/A
N/A
N/A
$0/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: Wortham

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301 S 3rd Street | Property Details | No Agent List