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$106,000

NAL Estimated Property Value

508 Chestnut Street, Cross Plains, TX, 76443

$114,840 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,352 Sq Ft
price_per_sqft$51.7 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Electric Oven, Electric Range, Refrigerator, Washer
FlooringCeramic Tile, Concrete, Laminate

Building Information

Year Built2006

Land Information

APNR000014581
Lot Number4
Land UseResidential
Legal DescriptionLOT: 66.6X66.6 FT OF LT 4 BLK: 22 SUBD: STEELE - CROSS PLAINS
Census Tract030200
Assessed Land Value$6,600
Assessed Improvement Value$49,830
Assessment Year2025

About this property

This home presents many opportunities for investors or first time home buyers. It will need a little bit of maintenance inside and out but is priced right for quick sale. A good handy man could make short work of it. It has central air that needs repair and service. All appliances (washer, dryer, refrigerator, stove, and microwave) convey. Make your appointment today to come view and see how the possibilities fit your needs.

Investor Tools

Property Icon
$106,000
Estimated Property Value
$54,616Estimated Mortgage Balance
$51,384Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$114,839
Rent-to-Value Ratio: 0.72%
Rent Estimate
$636 /month
Positive
Cash Flow Estimate:
$212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$895
$56,430
2025
$6,600
$49,830
$56,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$895
$56,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fort Davis State Bank
Unknown
$57,500
No
First
Aug 18, 2023
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,616
$51,384
48%
52%
$345/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: Cross Plains

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508 Chestnut Street | Property Details | No Agent List