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$150,000

309 E Ross Ave, Mart, TX, 76664

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.01 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size8,250 sqft

Building Information

Year Built1935
Stories1
Roof Type105

Land Information

APN320116000088005
Lot Number6
SubdivisionMart Ot
Land UseResidential
Legal DescriptionMART OT LOT 6 BLOCK 14 ACRES .1894
Census Tract003601
Assessed Land Value$10,890
Assessed Improvement Value$122,860
Assessment Year2025

About this property

Great rental or investment property that will generate income immediately. Move-in ready. Improvements include foundation issues fixed, foam insulation below the home and in the attic, all new plumbing, new electrical, new Hardie siding on the exterior, rear deck added, new paint inside and out, flooring replaced, new fixtures and much more. THIS IS A 3 BEDROOM 2 BATHROOM HOME WITH 1576 SQFT.

Investor Tools

Property Icon
$150,000
Estimated Property Value
$0Estimated Mortgage Balance
$150,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,450
$133,474
2025
$10,890
$122,860
$133,750
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,450
$133,474

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,210/mo
N/A
+$1,210/mo
9.7%

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: Mart

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309 E Ross Ave | Property Details | No Agent List