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$261,670

500 Bush Dr, Whitney, TX, 76692

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,755 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.65 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringHardwood, Vinyl

Exterior

Lot Size1.87 acres

Building Information

Year Built1936
Garage Spaces1

Land Information

APN105569
SubdivisionJ Burgess A-
Land UseResidential
Legal DescriptionJ BURGESS A-2 TR 14 & 14A 1.87 AC
Census Tract960502
Assessed Land Value$76,910
Assessed Improvement Value$184,760
Assessment Year2025

About this property

Motivated Seller. This beautifully maintained 3-bedroom, 2-bath home sits on 1.866 acres and offers the perfect blend of peaceful country living with the benefit of city services. Originally built in 1936, the home has seen numerous updates in recent years, including new hot water heaters, a new HVAC system, and completely updated electrical wiring throughout. Inside, you’ll find original hardwood floors, a cozy wood-burning fireplace, and a formal dining room—currently used as a music room. The enclosed back porch offers flexible space and could easily function as a fourth bedroom, home office, or studio. The property is animal-ready, with fenced areas currently housing horses. The land features mature hardwoods and a variety of fruit trees—including pecan, almond, pomegranate, and peach—providing shade, beauty, and seasonal harvests. Three solidly built outbuildings, each with updated wiring, offer ample space for barn use, storage, or workshops. A secure cement storm shelter is located just steps from the back door for added peace of mind. Located only one mile from Whitney State Park and within walking distance of historic downtown Whitney, this property combines space, charm, and convenience—making it a rare find!

Investor Tools

Property Icon
$261,670
Estimated Property Value
$180,500Estimated Mortgage Balance
$92,575Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,607 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$879
$261,670
2025
$76,910
$184,760
$261,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$879
$261,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$180,500
No
First
Dec 12, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,095
$92,575
35%
65%
$1,083/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: Whitney

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500 Bush Dr | Property Details | No Agent List