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$208,000

305 E Main Street, Grandview, TX, 76050

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,113 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.8 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringLaminate

Building Information

Year Built1940

Land Information

APN126.3265.02000
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 37 RAMSEY
Census Tract130501
Assessed Land Value$55,000
Assessed Improvement Value$130,853
Assessment Year2025

About this property

Recently remodeled home centrally located in the excellent Grandview ISD. Large 57 by 225 lot. Walk to church, school, dining, shopping, and the grocery store. Next to the very interesting downtown Grandview area. Renovations include new water heater, new HVAC, electric services upgrades. New fans and light fixtures. New plumbing fixtures. New appliances. Fresh interior and exterior paint, new flooring, new granite counter tops and new cabinets in the kitchen. New energy efficient vinyl windows. New bathroom. New interior drywall, new doors and trim, and much more. Ready for a new family to move in. A solid house in a great town for a great price.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$0Estimated Mortgage Balance
$63,629Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$185,853
2025
$55,000
$130,853
$185,853
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,880
$185,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$161,519
Yes
First
Nov 3, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,371
$63,629
30%
69%
$969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$969/mo
+$1,003/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Grandview

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305 E Main Street | Property Details | No Agent List