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$249,000

412 Rainey Street, Groveton, TX, 75845

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,546 Sq Ft
price_per_sqft$161.06 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Must-Sell

About this property

COUNTRY LIVING ON 3.07 ACRES! Discover the perfect blend of comfort and country charm in this spacious four bedroom, two bath home on just over 3 acres. Designed for everyday living and entertaining, it features a welcoming wood burning fireplace, central air and heat, dedicated laundry room, and a natural gas stove for the home chef. Step outside to a large covered patio overlooking a beautiful yard shaded by large oaks and a magnolia tree. A one-car garage provides convenient parking and storage, while the barn offers endless possibilities for livestock, hobbies, or equipment. This inviting property combines peaceful outdoor living with modern conveniences, making It an ideal place to call home!

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

John Brannen

Lawrence Realty

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Groveton

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