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$399,900

303 Garcitas Grv, Inez, TX, 77968

$519,870 ARVInfo
PendingInfo
Beds4 Beds
Baths2 Bath
Baths3,074 Sq Ft
price_per_sqft$130.09 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Multiple Water Heaters, Microwave
FlooringHardwood, Vinyl

Exterior

Exterior FeaturesCovered Patio, Porch, Patio
Lot Size3.68 acres

Building Information

Year Built1939
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00450-000-30200
SubdivisionV Garcia Abst 45
Land UseResidential
Legal Description00450 V GARCIA ABST 45 TRACT 20, ACRES 3.68
Census Tract000800
Assessed Land Value$122,290
Assessed Improvement Value$230,760
Assessment Year2025

About this property

This beautifully maintained farmhouse on 3.68 acres offers peaceful country living with modern comfort. Surrounded by mature trees, pond, and a large garden area, the property features a spacious main home with 4/5 large bedrooms and/or office, high ceilings, and bright open living spaces. Large kitchen has plenty of counter and cabinet space and a walk-in pantry. Relax on the spacious front or back porch and take in the country living view. The home also has a brand new roof!! A detached guest house includes 2 additional bedrooms, ideal for family or visitors. It comes with a full kitchen, bathroom and laundry closet. The property also boasts a shop for storage, hobbies, or projects. Perfectly blending privacy and convenience, this charming retreat is located in a desirable school district, offering the best of rural tranquility and community access.

Investor Tools

$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$519,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,649
$353,050
2025
$122,290
$230,760
$353,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,649
$353,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$470,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
N/A
+$1,503/mo
3.8%

City: Inez