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$487,000

NAL Estimated Property Value

302 E Granite St, Llano, TX, 78643

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,625 Sq Ft
price_per_sqft$97.66 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Down Draft, Electric Cooktop, Microwave, Stainless Steel Appliance(s), Wine Cooler
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSee Remarks
Lot Size40,206 sqft

Building Information

Year Built1967
Stories2
Roof Type112
Garage Spaces1

Land Information

APN29703
SubdivisionJ C Ragsdale Abst #614
Land UseResidential
Legal DescriptionJ C RAGSDALE ABST #614 & STITH ADDN PT OF BLK K3 0.923 AC
Census Tract970200
Assessed Land Value$103,330
Assessed Improvement Value$378,000
Assessment Year2025

About this property

Great investment opportunity with immediate income! 2 homes conveniently located close to schools and businesses. Main home has 3 bedrooms 2 full baths, with a basement that is great for a media room or flex/bonus space. Second home is a 2 bedroom, 1.5 bath with covered parking and an in-ground hot tub. Both homes sit on just under 1 acre, on one of the best streets in Llano! Both homes are rented with current long term leases that will need to be honored. Main home lease expires 1-1-21 and second home lease expires 6-30-21. Owner is a LREA in the state of Texas. Plenty of room at rear of property for additional dwelling for additional income.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$249,150Estimated Mortgage Balance
$237,850Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,741
$464,761
2025
$103,330
$378,000
$481,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,741
$464,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$276,000
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,150
$234,850
48%
51%
$1,655/mo

City: Llano

302 E Granite St | Property Details | No Agent List