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$75,000

303 5th Street, Louise, TX, 77455

$97,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths974 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
FlooringVinyl, Wood

Exterior

Lot Size15,799 sqft

Building Information

Year Built1940
Garage Spaces1

Land Information

APN22083
Lot Number5,6
SubdivisionPeterson Addn.
Land UseResidential
Legal DescriptionPETERSON ADDN. BLOCK 4 LOT 5,6
Census Tract741100
Assessed Land Value$31,918
Assessed Improvement Value$34,867
Assessment Year2025

About this property

Great Opportunity to fix up this Unique Bungalow style home situated on two city lots in the quaint little community of Louise Tx. This 1940 Bungalow offers so many possibilities and could be brought back to life and enjoyed for many more decades to come. The traditional craftsman style layout is absolutely built to the time frame, and offers real wood floors, all wood construction. The home, while livable inside, is in major need of outside renovations. None the less, finding true vintage homes like this are few and far between, yet desired by many as a place to put their touches on and call it home. Make your appointment before it is too late.

Investor Tools

$0Estimated Mortgage Balance
$184,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$97,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

Interested in this property?

Jeffrey Lutz

RE/MAX Fine Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$551
$66,785
2025
$31,918
$34,867
$66,785
No

Tax History

Year
Tax Paid
Assessed Value
2025
$551
$66,785

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$184,000
100%
0%
$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.

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: Louise

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303 5th Street | Property Details | No Agent List