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$210,000

318 W FIRST ST., LOS FRESNOS, TX, 78566

$237,318 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths2,715 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.35 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesElectric Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

About this property

Investment Opportunity with Endless Potential! This Home is situated on four corner lots and has 4-bedrooms, 4.5-baths and the home offers an abundance of space and possibilities for renovation or potential rental use. The front portion of the home is built on a slab foundation. It features a kitchen with custom cabinetry and plenty of storage. An additional area off the kitchen could serve as a den, etc. A spiral staircase leads upstairs to a small loft area. The primary bedroom includes a coffee nook with cabinetry and a sink. Two additional bedrooms offer ample closet space and a handicap-accessible walk-in shower. The rear portion of the home is built on a pier-and-beam foundation and has additional living space, a small kitchen, bedroom, additional rooms without a closet, walk-in shower, a large storage room. Property is in need of significant repairs and is being sold in its current condition. This property is an opportunity for an investor or someone with unlimited vision.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$237,318
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Vanessa Tillman

Monica & Company Real Estate

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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: LOS FRESNOS

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