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$35,000

321 12th Street, Ralls, TX, 79357

$45,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$33.59 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
FlooringCarpet

Exterior

Exterior FeaturesNone
Lot Size12,249 sqft

Building Information

Year Built1940

Land Information

APNR11397
Lot Number7,8
Land UseResidential
Legal DescriptionORIGINAL TOWN RALLS BLOCK 48 LOT 7,8(S/2 OF N/2 AND S/2)
Census Tract950200
Assessed Land Value$2,000
Assessed Improvement Value$41,600
Assessment Year2025

About this property

This 3-bedroom, 1-bath home is a great opportunity for someone looking for an affordable property with plenty of potential. The home is being sold as is and will require significant work, making it ideal for an investor, renovator, or buyer looking to create a home of their own. Recent improvements include replacement windows and a roof replaced last year, providing a great head start on the renovation. The property sits on an impressive 12,000+ square-foot lot and includes two large storage buildings, offering plenty of room for storage, hobbies, or future possibilities. Priced at just $35,000, this property is ready for someone with vision to bring it back to life. Opportunities at this price don't come along often!

Investor Tools

$0Estimated Mortgage Balance
$67,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$45,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$402 /month
Positive
Cash Flow Estimate:
$134 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$68/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$485
$43,600
2025
$2,000
$41,600
$43,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$485
$43,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$67,000
100%
0%
$0/mo

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: Ralls

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