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$139,500

506 W Trinity St, Groesbeck, TX, 76642

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.09 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesNone
FlooringLaminate

Land Information

APNR11422
Lot Number8,9
Land UseResidential
Legal DescriptionBLOCK 189 GROESBECK, LOT 008 - 009(W/2)
Census Tract970600
Assessed Land Value$6,040
Assessed Improvement Value$23,370
Assessment Year2024

About this property

Completely remodeled 2-bedroom, 1-bath home that’s move-in ready. Updates include new flooring, fresh paint, updated kitchen and bath, modern fixtures, and refreshed interior and exterior finishes. The large backyard offers plenty of space for entertaining, gardening, or future improvements. A great opportunity for a first-time buyer, downsizer, or investment property.

Investor Tools

Property Icon
$73,000
Estimated Property Value
$0Estimated Mortgage Balance
$73,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$837 /month
Positive
Cash Flow Estimate:
$279 /month

Interested in this property?

Bill Sadler

Sadler Land and Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$74/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$529
$29,410
2024
$6,040
$23,370
$29,410
No

Tax History

Year
Tax Paid
Assessed Value
2022
$529
$29,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$73,000
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: Groesbeck

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506 W Trinity St | Property Details | No Agent List