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$224,000

NAL Estimated Property Value

407 Marburger St, Smithville, TX, 78957

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,260 Sq Ft
price_per_sqft$154.76 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size6,752 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APNR16819
Lot Number7
SubdivisionByrne
Land UseResidential
Legal DescriptionBYRNE BLK 108 LOT 7
Census Tract950700
Assessed Land Value$47,195
Assessed Improvement Value$140,455
Assessment Year2025

About this property

Good Starter Home or Downsizing Opportunity. Three bedrooms, 2 living areas, kitchen/dining, and a full bath in this 1-story home. Covered and spacious front porch, off street parking, storage building in fenced back yard. Alley access to back yard. Ceiling fans, refrigerator, range all convey. Ready for a little cosmetics, if you prefer, otherwise appears to be a solid property. Walking distance to retail and eateries.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$207,776Estimated Mortgage Balance
$16,224Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,755
$187,650
2025
$47,195
$140,455
$187,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,755
$187,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$225,000
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,776
$27,224
11%
93%
$1,349/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: Smithville

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407 Marburger St | Property Details | No Agent List