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$230,000

506 Walnut St, Collinsville, TX, 76233

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.92 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesDog Run
Lot Size7,492 sqft

Building Information

Year Built1969
Garage Spaces1

Land Information

APNC003 5655066
SubdivisionWaldos 2nd Addn
Land UseResidential
Legal DescriptionWALDOS 2ND ADDN, BLOCK PT 18, ACRES .172
Census Tract001902
Assessed Land Value$45,254
Assessed Improvement Value$141,626
Assessment Year2025

About this property

This home is calling your name! Featuring 3 bedrooms and 2 full bathrooms, this inviting property offers an open floor plan that creates a spacious and welcoming atmosphere from the moment you step inside. The kitchen is designed for both functionality and style, complete with soft-close cabinetry, a built-in microwave, a breakfast bar, and ample space for a breakfast nook or dining table. New windows installed in January 2025 provide improved energy efficiency and natural light throughout the home. Step outside to enjoy the private backyard, enclosed by a newer privacy fence. The outdoor space includes a covered patio, mature shade tree, and an 8' x 8' metal storage building. Buyer and Buyer's Agent to verify any and all information provided by Seller and Seller's Agent.

Investor Tools

$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,323
$186,880
2025
$45,254
$141,626
$186,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,323
$186,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
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: Collinsville

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506 Walnut St | Property Details | No Agent List