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$293,946

NAL Estimated Property Value

503 Shimek Street 26C, Jarrell, TX, 76537

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,406 Sq Ft
price_per_sqft$83.08 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Water Heater, Some Electric Appliances, Range
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11-8014-0001-0026C
Land UseResidential
Legal DescriptionC518 - SONTERRA 1 CONDO, UNIT 26C, .21% COMMONAREA INTEREST
Census Tract021601
Assessed Land Value$64,696
Assessed Improvement Value$229,250
Assessment Year2025

About this property

Awesome price reduction. Don't let this one get away!! Priced to Sell. Great opportunity for homebuyers or investors. Large 2 story home with over 2400 sq feet, located on a nice corner lot in the Sonterra Subdivision. It needs some TLC but it has great potential. Four large bedrooms, 2 living areas and 3 full baths. Nice open floorplan with family room to the front, kitchen to the rear and dining area in between. Spacious downstairs master bedroom with large on-suite bath featuring, walk in closet, separate tub and shower. Upstairs has a huge loft, 3 large bedrooms and 2 full baths. Privacy fenced yard and covered patio. Proof of funds required on cash transactions; Lender Pre-Approval letter for financed offers (dated within last 60 days). Buyer has 7 day inspection period upon receiving ratified contracts. No repairs will be considered based upon inspection reports.

Investor Tools

Property Icon
$293,946
Estimated Property Value
$384,446Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
$445/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,306
$293,946
2025
$64,696
$229,250
$293,946
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,306
$293,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$196,000
No
First
Feb 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,446
N/A
0%
131%
$2,316/mo

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: Jarrell

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503 Shimek Street 26C | Property Details | No Agent List