Last 24 Hours
$395,000
506 W Columbia, Marfa, TX, 79843
On Market
2 Beds
1 Bath
1,064 Sq Ft
$371.24 / sqft
Built in 1920Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesElectric Water Heater, Tankless Water Heater, Electric Range, Dryer, Water Softener Owned
FlooringTile, Hardwood
Exterior
Lot Size11,326 sqft
Building Information
Year Built1920
Garage Spaces1
Land Information
APN130800000010007000000
SubdivisionMahon
Land UseResidential
Legal Description1, MAHON S 58.5' OF W 90' OF
Census Tract950100
Assessed Land Value$124,740
Assessed Improvement Value$133,570
Assessment Year2025
About this property
Don't miss the opportunity to own this lovingly restored 1920's cottage, where vintage charm meets modern comfort. Located on a corner lot, this house with garage and shed sit on .25 acres with fenced yard. High ceilings, HVAC, ceiling fans, wood floors with renovated kitchen and bath w/washer dryer. A water softener system is installed, rain catchment, lots of perks that make this house charming and comfortable!
Investor Tools
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,048
$258,310
2025
$124,740
$133,570
$258,310
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,048
$258,310
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo
12.4%