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A+
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$95,000

400 Grimes St, Cuero, TX, 77954

$123,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$51.6 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 1Bathrooms Half 1
AppliancesWater Heater
FlooringCarpet, Wood

Exterior

Lot Size26,101 sqft

Land Information

APN12423
Land UseResidential
Legal Description8.9.10 1 MILLIGAN CUERO
Census Tract970202
Assessed Land Value$16,180
Assessed Improvement Value$88,880
Assessment Year2025

About this property

Great Investment Opportunity or Future Homestead in Cuero! Situated on a spacious .599-acre lot, this 4-bedroom, 1-bathroom home offers 1,841 sq ft of living space and solid rental history. Metal siding provides durability and low maintenance, while inside you'll find generously sized rooms and a large kitchen with plenty of space for dining or entertaining. This property has served as a rental in recent years and is currently leased to long-term tenants at $1,100/month, offering immediate income potential for investors. The oversized lot offers room for outdoor activities, storage buildings, or future improvements. Whether you're looking to expand your rental portfolio or invest in a property with space to personalize later, this one is worth a look. Showings by appointment only—please do not disturb tenants.

Investor Tools

$9,010Estimated Mortgage Balance
$96,050Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$123,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Macie Chrisman

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,985
$105,060
2025
$16,180
$88,880
$105,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,985
$105,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$10,000
No
First
Mar 16, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,010
$96,050
91%
9%
$60/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: Cuero

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