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$177,446

NAL Estimated Property Value

403 Main Street, Louise, TX, 77455

Off MarketInfo
Baths1,500 Sq Ft
price_per_sqft$96.67 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

AppliancesElectric Range

Exterior

Lot Size13,347 sqft

Building Information

Year Built1980

Land Information

APN15278
Lot Number7
SubdivisionFarm Blocks
Land UseOther / Unknown
Legal DescriptionFARM BLOCKS BLOCK 10 LOT 7
Census Tract741100
Assessed Land Value$26,963
Assessed Improvement Value$150,483
Assessment Year2025

About this property

Versatile property offering many options! Currently a daycare. Could be easily converted to a home. Could also work for a small venue for weddings, showers or meetings. Would make a great office for a small business. Building is approximately 1500 sf, has a kitchen, mens and womens restrooms with 2 stalls and lavatory each. Large, covered, concrete area attached. 2 small flex rooms plus one large open area. Great location just a couple of blocks from Louise ISD. Give me a call and lets discuss options!

Investor Tools

Property Icon
$177,446
Estimated Property Value
$122,219Estimated Mortgage Balance
$55,227Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,065 /month
Positive
Cash Flow Estimate:
$355 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,134
$177,446
2025
$26,963
$150,483
$177,446
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,134
$177,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Unknown
$124,600
No
First
Apr 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,219
$55,227
31%
69%
$748/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: Louise

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403 Main Street | Property Details | No Agent List