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$189,900

309 S Fairpark St, Riesel, TX, 76682

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.45 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size25,265 sqft

Building Information

Year Built1963
Stories1
Roof Type105

Land Information

APN420036000126030
SubdivisionSanchez J D
Land UseAgriculture / Farming
Legal DescriptionSANCHEZ J D ACRES .58
Census Tract003602
Assessed Land Value$16,720
Assessed Improvement Value$150,660
Assessment Year2025

About this property

Nicely maintained 3 bedroom, 2 bathroom home situated on a spacious 0.58-acre lot in the heart of Riesel, TX. This property offers an inviting floorplan with a large living area featuring plenty of natural light. The kitchen has dark cabinetry, subway tile backsplash, stainless appliances, ample counter space, and abundant storage. The isolated primary suite provides generous space and comfort, while two additional bedrooms and a full guest bath offer flexibility for family or guests. Interior features include updated flooring throughout much of the home and neutral finishes ready for your personal touch. Exterior amenities include a covered front porch, covered parking area, a workshop space with electricity, play scape and an expansive yard with mature trees and plenty of room for outdoor activities, gardening, or future improvements. Conveniently located with easy access to local schools, parks, and nearby Waco amenities while still enjoying the benefits of small-town living.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$167,423Estimated Mortgage Balance
$8,174Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Valerie Warschak

The Agency Waco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,669
$167,380
2025
$16,720
$150,660
$167,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,669
$167,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Va
$167,423
Yes
First
Jan 5, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,826
$8,174
4%
95%
$1,004/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,004/mo
+$426/mo
10.2%

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: Riesel

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