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$257,000

NAL Estimated Property Value

306 N Washington Dr, Devine, TX, 78016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.71 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile

Exterior

Lot Size11,003 sqft

Building Information

Year Built1987
Stories1
Roof Type115

Land Information

APN14745
Lot Number3,6
SubdivisionDevine
Land UseResidential
Legal DescriptionDEVINE BLOCK 54 LOT 3 & 6 SOUTHWEST 15' PART OF; ACRES .2526
Census Tract000802
Assessed Land Value$36,860
Assessed Improvement Value$196,204
Assessment Year2025

About this property

Located in the heart of Devine, this residence features three generously sized bedrooms and two bathrooms. The expansive covered back patio provides an ideal space for entertaining. The fully fenced yard, makes this home an excellent choice for a growing family.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$400,902Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,605
$233,064
2025
$36,860
$196,204
$233,064
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,605
$233,064

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$204,670
No
First
Mar 13, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,902
N/A
0%
156%
$2,456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,318/mo
$2,456/mo
$-1,138/mo
6.2%

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: Devine

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306 N Washington Dr | Property Details | No Agent List