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$375,000

401 Bluebonnet Ave, Devine, TX, 78016

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.89 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCeramic Tile

Exterior

Lot Size19,471 sqft

Building Information

Year Built1973
Stories1
Roof Type115
Garage Spaces1

Land Information

APN6970
SubdivisionF. Niggli Survey 1
Land UseResidential
Legal DescriptionA0713 F. NIGGLI SURVEY 1; ACRES .447
Census Tract000801
Assessed Land Value$54,910
Assessed Improvement Value$353,820
Assessment Year2025

About this property

Step into this beautifully updated 4-bedroom, 2-bath home that perfectly blends timeless charm with modern comfort. Situated on nearly half an acre, this property offers the space and privacy you've been searching for while remaining conveniently close to schools, shopping, dining, and everything Devine has to offer. Inside, you'll find a thoughtfully renovated interior featuring ceramic tile flooring throughout, custom solid wood cabinetry, and stunning granite countertops. Natural light fills the home, creating an inviting atmosphere for both everyday living and entertaining. The expansive backyard is a true retreat, featuring two separate fenced areas, professional-grade turf, a covered awning, and plenty of room for gatherings, gardening, or outdoor living. Additional highlights include abundant storage with two dedicated storage buildings and a covered patio perfect for relaxing and enjoying the Texas evenings. Don't miss this rare opportunity to own a beautifully updated home on a spacious lot in the heart of Devine, Texas!

Investor Tools

$327,108Estimated Mortgage Balance
$8,105Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Misty Thompson

KW Thompson Houston Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,771
$335,213
2025
$54,910
$353,820
$408,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,771
$335,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$352,935
Yes
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,108
$8,105
2%
98%
$2,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$2,117/mo
$-767/mo
4.8%

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: Devine

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