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$165,000

500 W Garza Street, Slaton, TX, 79364

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.63 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Disposal, Electric Oven, Gas Cooktop, Oven, Range Hood, Stainless Steel Appliance(s), Warming Drawer
FlooringHardwood, Laminate, Tile

Exterior

Exterior FeaturesAwning(s), Storage
Lot Size14,000 sqft

Building Information

Year Built1927
Garage Spaces1

Land Information

APNR51927
Lot Number70
SubdivisionOriginal Town Slaton
Land UseResidential
Legal DescriptionORIG T WEST PK SLATON BLK 58 L 7 & 8
Census Tract010601
Assessed Land Value$3,000
Assessed Improvement Value$127,065
Assessment Year2025

About this property

Welcome to 500 S. Garza Street in Slaton, Texas! This charming red brick home sits on an oversized corner lot and offers timeless character with modern updates. Inside, you'll find beautiful hardwood floors, a spacious living area, and an updated kitchen featuring granite countertops and ample cabinet space. The home includes 2 bedrooms, 1 bathroom, and a versatile office or sitting room located just off the primary bedroom—perfect for working from home, a nursery, or additional storage. Enjoy relaxing mornings and evenings on the inviting front porch overlooking the large corner lot. A basement provides valuable extra space for storm shelter, storage, or hobbies. The generous lot offers plenty of room for outdoor entertaining, gardening, or future improvements. Conveniently located in Slaton with easy access to schools, shopping, and local amenities, this property combines comfort, character, and functionality. Don't miss this opportunity to own a well-maintained home with unique features and plenty of space both inside and out.

Investor Tools

$57,036Estimated Mortgage Balance
$102,964Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Scott Toman

Realty Refined

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,125
$130,065
2025
$3,000
$127,065
$130,065
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,125
$130,065

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$65,000
No
First
Mar 18, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,036
$102,964
64%
36%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,220/mo
$390/mo
+$830/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Slaton

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