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$320,000

505 Ft Mckavitt St, Mason, TX, 76856

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths2 Bath
Baths3,422 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.51 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 2Bathrooms 2
AppliancesDryer, Range, Refrigerator, Washer
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesSee Remarks
Lot Size1.55 acres

Building Information

Year Built1940
Garage Spaces1

Land Information

APN00691-60-04236
Land UseResidential
Legal DescriptionDOOLE L-23 B-2 T- A-0069 BIRK, PETER S-76 1.55 ACRES
Census Tract950100
Assessed Land Value$97,650
Assessed Improvement Value$412,125
Assessment Year2025

About this property

Located just two blocks from the Mason Square, this two-story Victorian-style home offers a rare combination of historic character, space, and location. Built in 1930, the home sits on over 1.5 acres within the Mason city limits and is zoned for both commercial and residential use, opening the door to a variety of possibilities. The home features six bedrooms and two bathrooms, with the primary suite conveniently located on the first floor. Beautiful hardwood floors add warmth and character throughout much of the home, while the two-story layout provides plenty of room for a large family, guests, offices, or additional work space. From the upstairs back porch, there is a direct line of sight to historic Fort Mason, adding another unique feature to the property. Outside, the property includes several outbuildings, including one with a cellar, providing additional storage and flexibility. With more than 1.5 acres, there is plenty of open ground for a large garden, outdoor entertaining area, additional improvements, or a parking area. The commercial and residential zoning, combined with its location only two blocks from the heart of downtown Mason, makes this property especially unique. It could continue as a spacious residence or offer potential for a bed and breakfast, office, retail space, event venue, or other commercial use, subject to applicable city requirements. With its 1930s Victorian character, large homesite, six-bedroom floor plan, views toward Fort Mason, and close proximity to the Mason Square, 505 Ft. McKavitt offers a combination of history, location, and versatility that is hard to find.

Investor Tools

$0Estimated Mortgage Balance
$373,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

Interested in this property?

Joe David Yates

Joe David Yates & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,953
$249,323
2025
$97,650
$412,125
$509,775
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,953
$249,323

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$373,000
100%
0%
$0/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: Mason

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505 Ft Mckavitt St | Property Details | No Agent List