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$233,000

406 W Trinity St, Groesbeck, TX, 76642

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.58 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Water Heater
FlooringVinyl

Building Information

Year Built1956

Land Information

APNR6648
Lot Number8
Land UseResidential
Legal DescriptionBLOCK 148 GROESBECK, LOT 008
Census Tract970600
Assessed Land Value$4,030
Assessed Improvement Value$27,800
Assessment Year2024

About this property

Recently remodeled and move-in ready! Located just blocks from downtown Groesbeck, this like-new 3 bedroom/2 bathroom cozy home features beautiful tile work and stylish improvements throughout! Home features 1200 square feet with a great flow from living room to kitchen to the isolated master suite. Recent updates include a brand-new HVAC system, updated plumbing, updated electrical, updated double paned windows, new vinyl plank flooring throughout, gorgeous light fixtures, granite countertops and a spacious kitchen with a fantastic island, tiled backsplash, lots of cabinets, built-in microwave, brand new dishwasher, new fixtures and more! Additional selling features include a covered front porch and a great side/back deck, new hot water heater, brand new roof and a recently graveled parking area.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$174,747Estimated Mortgage Balance
$0Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$800
$31,830
2024
$4,030
$27,800
$31,830
No

Tax History

Year
Tax Paid
Assessed Value
2022
$800
$31,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Unknown
$174,747
No
First
Apr 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,816
N/A
0%
147%
$2,096/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: Groesbeck

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406 W Trinity St | Property Details | No Agent List