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$119,000

$123,000

402 N Market St, Grapeland, TX, 75844

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.56 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Vented Exhaust Fan

Exterior

Lot Size11,413 sqft

Building Information

Year Built1942

Land Information

APN001700015000000000060
SubdivisionWm Burke
Land UseResidential
Legal DescriptionWM BURKE AB 170 .262 AC
Census Tract950101
Assessed Land Value$3,800
Assessed Improvement Value$90,110
Assessment Year2025

About this property

Beautfully redone home on a large corner lot. his 2 bedroom, 1 bathroom home has pretty country kitchen with island, hardwood floors, nice bathroom with separate tub and shower, good colors, newer roof, wonderful wrap around covered porch, large pecan trees, large yard with fenced area. Great location in Grapeland.

Investor Tools

$40,584Estimated Mortgage Balance
$87,509Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

Interested in this property?

Buck Gentry

Coldwell Banker American Dream

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$83/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$359
$93,910
2025
$3,800
$90,110
$93,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$359
$93,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dominion Bank
Building Or Construction Loan
$46,500
No
First
Oct 26, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,584
$92,416
69%
32%
$199/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: Grapeland

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