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$267,000

NAL Estimated Property Value

420 W 1st street, Groveton, TX, 75845

$280,104 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$57.01 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Refrigerator, Instant Hot Water
FlooringWood

Exterior

Lot Size27,312 sqft

Building Information

Year Built1935

Land Information

APN20085
Lot Number10
Land UseResidential
Legal DescriptionGROVETON, CITY OF, BLOCK 35 LOT 10
Census Tract950200
Assessed Land Value$8,194
Assessed Improvement Value$180,304
Assessment Year2025

About this property

This home has been going through renovations for the past 3 plus years. Master with walkthrough to office or second bedroom downstairs. Office has beautiful resorted floor to ceiling bookshelves, original heating stove that can be installed again for use if desired. Master bath has huge Slate walk in shower and clawfoot tub. Grand Living area with formal dinning going into a large kitchen. Note all rooms are wrapped with beautiful wood details and original wood flooring that has been restored throughout the home. Kitchen backsplash is brick from the original town café in the 1900s. New Central AC/Heat upstairs. New Central AC/Heat downstairs. New wiring and insulation throughout the home. Instant heat water heaters both upstairs and down. The list goes on and on. You do not want to miss out on this piece of Restored History. Room sizes are approximant. Upstairs rooms are oddly shaped but charming.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$280,104
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,427
$188,498
2025
$8,194
$180,304
$188,498
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,427
$188,498

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,000
100%
0%
$0/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: Groveton

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420 W 1st street | Property Details | No Agent List