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$263,000

NAL Estimated Property Value

305 S Pitzer St, Colmesneil, TX, 75938

$283,990 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,998 Sq Ft
price_per_sqft$44.54 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Free-Standing Range
FlooringVinyl, Wood

Exterior

Lot Size21,780 sqft

Land Information

APNR015159
Land UseResidential
Legal DescriptionA0009 W. CAMPBELL,ACRES .5
Census Tract950100
Assessed Land Value$6,000
Assessed Improvement Value$97,664
Assessment Year2025

About this property

So much potential in this two bedroom/two bath wood frame home with 1,998 SF inside the city limits of Colmesneil with pretty shade trees adorning the front and back yard. Upon entering the home, you'll love the spacious rooms and original hardwood flooring. The kitchen offers a walk-in pantry, plenty of cabinetry and room for a breakfast table. The immense living room features a solid wood door with sidelights and is adjacent to the formal dining room. The bedrooms are large with hardwood flooring. The office, located just off the living room, could easily be a third bedroom. The back yard is shaded and a great place to relax. Make this lovely home that's conveniently located in town with city water, city sewer, and FM 3065 road frontage your very own! Meas. approx.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$103,992Estimated Mortgage Balance
$159,008Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$283,990
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$944
$103,664
2025
$6,000
$97,664
$103,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$944
$103,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rave Financial Cu
Stand Alone First / Home Equity First Lien
$112,000
No
First
Jul 11, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,992
$128,008
55%
40%
$672/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: Colmesneil

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305 S Pitzer St | Property Details | No Agent List