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$179,000

403 N Archer St, Groesbeck, TX, 76642

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.53 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

Building Information

Year Built1962

Land Information

APNR6402
Land UseResidential
Legal DescriptionRDIV 031-XXXI GROESBECK, BLOCK 003(PT), .21 ACRE
Census Tract970600
Assessed Land Value$6,690
Assessment Year2024

About this property

Completely renovated 3-bedroom, 2-bath, two-story home offering approximately 1,230 square feet (per owner). This open-concept floor plan features the primary bedroom and full bath on the main level, with two additional bedrooms and a full bath upstairs. Recent updates include spray foam insulation, new electrical wiring and plumbing, new HVAC system, new water heaters, new roof, new windows, new siding, luxury vinyl plank flooring throughout, granite countertops, and brand-new kitchen cabinets. Enjoy the privacy-fenced backyard, perfect for relaxing, entertaining, or pets. Move-in ready with modern finishes throughout!

Investor Tools

Property Icon
$81,000
Estimated Property Value
$24,300Estimated Mortgage Balance
$67,771Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

Interested in this property?

Kara McLelland

Realty Plus - Groesbeck

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$87/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$637
$6,690
2024
$6,690
N/A
$6,690
No

Tax History

Year
Tax Paid
Assessed Value
2022
$637
$6,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Arm (Adjustable Rate Mortgage)
$24,300
No
First
Jun 3, 2005
Jun 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,315
$60,685
82%
16%
$170/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: Groesbeck

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403 N Archer St | Property Details | No Agent List