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$225,070

NAL Estimated Property Value

501 S Main St, West, TX, 76691

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.3 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size17,637 sqft

Building Information

Year Built1930
Stories1
Roof Type112
Garage Spaces1

Land Information

APN500030000006002
Lot Number1,2
SubdivisionWest T M
Land UseResidential
Legal DescriptionWEST T M LOT 1 2 BLOCK 2 ACRES .4049
Census Tract004201
Assessed Land Value$37,390
Assessed Improvement Value$187,680
Assessment Year2025

About this property

*$5,000 buyer incentive* **USDA 0% DOWN FINANCING AVAILABLE** Adorable home on nearly half an acre in the heart of West. Need a huge shop? We have you covered. This home is equipped with a newly constructed 24x60 metal building. 2 of the 3 bay doors are 8x16 and the taller 10x10 bay door has extra thick concrete to provide strength for a car lift. This is a rare find in city limits! The property is located on a shaded corner lot. Plenty of space to park an RV and trailers. It also has another decent sized shed for additional storage. The home has a metal roof, covered porches, good sized mudroom/laundry area, and natural gas stove. Great rental potential! This little house has a lot to offer! Call for your private showing today.

Investor Tools

Property Icon
$225,070
Estimated Property Value
$0Estimated Mortgage Balance
$225,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,371 /month
Positive
Cash Flow Estimate:
$457 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,661
$225,070
2025
$37,390
$187,680
$225,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,661
$225,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,070
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
N/A
+$996/mo
5.3%

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.

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: West

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501 S Main St | Property Details | No Agent List