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$292,000

NAL Estimated Property Value

309 E Housley St, Strawn, TX, 76475

$379,600 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,766 Sq Ft
price_per_sqft$28.56 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDouble Oven, Refrigerator
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size9,148 sqft

Building Information

Year Built1935

Land Information

APN221170000
Lot Number7-9
SubdivisionStrawn Ot
Land UseResidential
Legal DescriptionSTRAWN OT BLK 2 LTS E 62 OF LTS 7 THRU 9--62X150--G#S0975-00-00020-007-0A-0
Census Tract000200
Assessed Land Value$10,430
Assessed Improvement Value$151,190
Assessment Year2025

About this property

Spacious 2,700 sq ft, 4-bed, 2-bath 1935 home in the heart of Strawn, TX. Full of character and ready for restoration, this property is perfect for investors or creative buyers looking to build an income-producing Airbnb or B&B. Just around the corner from world-famous Mary’s Café and minutes from the new Texas State Park. Needs significant work—bring your vision and breathe new life into this historic gem. Owner financing available!

Investor Tools

Property Icon
$292,000
Estimated Property Value
$63,856Estimated Mortgage Balance
$228,144Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$379,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,550
$161,620
2025
$10,430
$151,190
$161,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,550
$161,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John R Olivo
Unknown
$65,000
No
First
May 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,856
$228,144
78%
22%
$390/mo

City: Strawn