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$429,000

493 Rio Bonito Dr, Robinson, TX, 76706

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,049 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.37 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size16,043 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440128000001130
Lot Number13
SubdivisionRanch Creek Estates
Land UseResidential
Legal DescriptionRANCH CREEK ESTATES LOT 13 BLOCK 1 ACRES .3683
Census Tract002000
Assessed Land Value$55,670
Assessed Improvement Value$312,260
Assessment Year2025

About this property

The impressive insulated 1,200-square-foot shop with electricity is just one of the many features that makes 493 Rio Bonito Drive stand out. This three-bedroom, two-bath home in Robinson ISD offers a beautiful spacious living area that flows seamlessly into dining area with plenty of natural light and room to gather. The kitchen has generous cabinet and counter space, a breakfast bar, and an adjoining dining area with doors leading to the backyard.The primary suite features a raised ceiling and a private bath with two vanities, a separate shower, and a jetted tub. A finished bonus room provides even more flexibility and would make a great second living area, game room, home office, workout room, or guest space. Outside, the large fenced backyard and covered patio offer plenty of room to relax or entertain. With a versatile bonus room, a great backyard, and an incredible shop ready for hobbies, projects, equipment, or storage, this home is one you’ll want to see!

Investor Tools

Property Icon
$367,930
Estimated Property Value
$294,566Estimated Mortgage Balance
$101,502Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$367,930
2025
$55,670
$312,260
$367,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$367,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M Squared Financial Llc
Fha
$294,566
Yes
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,945
$100,985
27%
73%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,767/mo
$-437/mo
4.3%

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: Robinson

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493 Rio Bonito Dr | Property Details | No Agent List