Last 24 Hours
$265,000
NAL Estimated Property Value506 West Alamo Street, Brenham, TX, 77833
Off Market
4 Beds
2 Bath
1,600 Sq Ft
Single Family Residence
$134.38 / sqft
Built in 1843Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms 2FlooringCarpet, Vinyl
Exterior
Lot Size7,606 sqft
Building Information
Year Built1843
Land Information
APN3950-000-09110
SubdivisionWest Main S/D
Land UseResidential
Legal DescriptionWEST MAIN S/D, LOT 9A1, (506 W ALAMO)
Census Tract170201
Assessed Land Value$48,600
Assessed Improvement Value$171,230
Assessment Year2025
About this property
Rare opportunity to own a historic two-story home within walking distance of Downtown Brenham! This Cape Cod Cottage was originally built by Ruben Wills in 1843 with hand-hewn cedar sills, wooden pegs, and square nails. See attachments for more history on this property. Zoned R2 Mixed Residential and being sold AS IS. Possession at closing on all offers will be subject to tenant vacancy.
Investor Tools
$265,000
Estimated Property Value
$0Estimated Mortgage Balance
$265,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,658
$219,830
2025
$48,600
$171,230
$219,830
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,658
$219,830
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$265,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
N/A
+$1,390/mo
6.3%
12.4%