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$310,000

311 S College Ave, Troy, TX, 76579

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.55 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Range

Exterior

Lot Size12,500 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN29949
Lot Number6
SubdivisionSkyview Addition
Land UseResidential
Legal DescriptionSKYVIEW ADDITION, BLOCK 003, LOT 0006
Census Tract020102
Assessed Land Value$22,000
Assessed Improvement Value$236,857
Assessment Year2025

About this property

Welcome home to this spacious 4-bedroom, 2-bath home offering 2,190 square feet of comfortable living space! Located right in the heart of Troy, Texas this home was built in 1972, this well-designed home features two living areas, providing plenty of room for relaxing, entertaining, or creating a dedicated space for everyone. A formal dining area offers the perfect setting for family meals and gatherings. The generously sized bedrooms provide ample space, while abundant storage throughout the home helps keep everything organized. Step outside to enjoy the covered patio overlooking the large, fenced-in backyard—perfect for pets, play, entertaining, or simply enjoying the outdoors. A storage shed provides additional space for tools, equipment, and outdoor belongings. With its spacious floor plan, generous storage, and inviting outdoor space, this home is ready for its next chapter!

Investor Tools

$171,431Estimated Mortgage Balance
$115,569Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Ashlee Villagrana

CENTURY 21 Judge Fite Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,085
$258,857
2025
$22,000
$236,857
$258,857
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,085
$258,857

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Va
$191,030
Yes
First
Apr 24, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,431
$115,569
40%
60%
$1,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,146/mo
+$644/mo
7.5%

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: Troy

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311 S College Ave | Property Details | No Agent List