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$248,000

NAL Estimated Property Value

401 Cowan St, Bowie, TX, 76230

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.59 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCeramic Tile, Laminate

Building Information

Year Built1910

Land Information

APNR000000204
Lot Number1
SubdivisionOrig Bowie
Land UseResidential
Legal DescriptionPART LOT 1 BLK 26 ORIG BOWIE
Census Tract950501
Assessed Land Value$9,000
Assessed Improvement Value$213,350
Assessment Year2025

About this property

This charming 1900's farmhouse sits on a corner lot just blocks from downtown and easy access to HWY 287. This is the perfect starter home that has been completely renovated with 3 large bedrooms, 2 full bathrooms, and a cozy open concept living and kitchen. The kitchen is equipped with just installed appliances, custom cabinets, butcher block countertops, kitchen island, and vinyl flooring. Split bedroom floorpan with private deck off the primary bedroom. Newly installed AC and Heat, along with the electrical and plumbing being redone.This home has 10 ft ceilings and so many unique features that will wow you when you walk in the front door! One being the original wood plank ceiling in the open kitchen living area. A classic with so many beautiful updates!! Owner Finance available Buyers agent to confirm all measurements and info . Tax records show lot as .79 but this is not correct size and we do not have a survey to show correct lot size.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$197,860Estimated Mortgage Balance
$50,140Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,103
$222,350
2025
$9,000
$213,350
$222,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,103
$222,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$204,250
No
First
Aug 5, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,860
$50,140
20%
80%
$1,225/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.

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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: Bowie

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401 Cowan St | Property Details | No Agent List