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A+
NoAgentList RatingHow are grades calculated? Info
Days222Days on Market
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$489,000

506 W Texas St, Marfa, TX, 79843

$604,747 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.37 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3

Exterior

Lot Size6,752 sqft

Building Information

Year Built1938

Land Information

APN131000000790009000000
Lot Number9
SubdivisionMarfa
Land UseResidential Single Family
Legal Description79, MARFA LOT 9
Census Tract950100
Assessed Land Value$87,020
Assessed Improvement Value$410,590
Assessment Year2025

About this property

Adobe 1938 built home with 3 bedroom/3 bathroom and 2,209 sqft is nestled in a quiet neighborhood just blocks from downtown Marfa. This charming property offers a relaxing oversized den with a wood burning fireplace that is great for entertaining. A nostalgic kitchen is set within the heart of the home. High ceilings, hardwood and wood tiled flooring complete this spacious well-maintained home.

Investor Tools

Property Icon
$497,610
Estimated Property Value
$0Estimated Mortgage Balance
$497,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$604,747
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,986 /month
Positive
Cash Flow Estimate:
$995 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,725
$497,610
2025
$87,020
$410,590
$497,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,725
$497,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$497,610
100%
0%
$0/mo

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: Marfa

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506 W Texas St | Property Details | No Agent List