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$150,000

502 E Heard Street, Ganado, TX, 77962

$162,579 ARVInfo
PendingInfo
Beds— Beds
Baths— Bath
Baths2,320 Sq Ft
QuadruplexQuadruplex
price_per_sqft$64.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size12,197 sqft

Land Information

APNR22287
Lot Number13-15
SubdivisionRogers
Land UseResidential
Legal DescriptionROGERS, BLOCK 4, LOT 13-14-15, ACRES 0.28
Census Tract950100
Assessed Land Value$10,770
Assessed Improvement Value$25,290
Assessment Year2025

About this property

This fourplex offers four 1-bedroom, 1-bath units, each thoughtfully designed for comfortable living. Every unit features a full-size kitchen that opens to the living area, creating a functional and inviting space. The oversized bedrooms provide plenty of room to relax and include an en suite bathroom complete with a walk-in shower. With approximately 560 square feet per unit, each layout feels surprisingly spacious while remaining efficient and easy to maintain. All four units are currently leased with annual agreements in place, providing immediate and steady rental income. Whether you’re looking to expand your portfolio or step into investment property ownership, this turn-key fourplex is a solid opportunity in Ganado.

Investor Tools

$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$162,579
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$757
$36,060
2025
$10,770
$25,290
$36,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$757
$36,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$159,000
100%
0%
$0/mo

City: Ganado

502 E Heard Street | Property Details | No Agent List