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Days22Days on Market
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$279,900

332 Illinois, China Spring, TX, 76633

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.39 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size1 acre

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180100000005002
Lot Number11,10B
SubdivisionChina Spring Ot
Land UseResidential
Legal DescriptionCHINA SPRING OT LOT 10B 11 12 13 14 BLOCK 1 ACRES 1.0
Census Tract004102
Assessed Land Value$20,590
Assessed Improvement Value$260,480
Assessment Year2025

About this property

Welcome home to this nicely updated 3-bedroom, 2-bath home situated on a spacious 1-acre corner lot in sought-after China Spring ISD. Offering the perfect blend of character and modern updates, this cozy home underwent a remodel in 2016 that included updates to the septic system, plumbing, and electrical systems for added peace of mind. The primary suite features a private full bath, while two additional bedrooms showcase charming exposed shiplap accents and share a well-appointed hall bath. Step outside and enjoy the beautifully maintained yard from the comfort of the screened-in patio or relax on the wood deck overlooking the property. Additional features include attractive masonite siding, a convenient carport, and plenty of room to enjoy country-style living with the convenience of a corner lot location. This is one you won't want to miss!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$184,000Estimated Mortgage Balance
$68,145Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Valerie Warschak

The Agency Waco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,645
$219,030
2025
$20,590
$260,480
$281,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,645
$219,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$184,000
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,855
$68,145
27%
73%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,104/mo
+$296/mo
6.7%

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.

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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: China Spring

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332 Illinois | Property Details | No Agent List