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Days42Days on Market
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$348,500

508 N Water St, Roby, TX, 79543

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,479 Sq Ft
price_per_sqft$140.58 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesDog Run, RV Hookup, Storage, Garden, Kennel
Lot Size2.41 acres

Building Information

Year Built1960

Land Information

APN7655
Lot Number1
Land UseResidential
Legal DescriptionLOTS 1 TH 12 OT ROBY BLOCK 23
Census Tract950300
Assessed Land Value$7,200
Assessed Improvement Value$133,570
Assessment Year2025

About this property

Renovation complete and ready for your family! Kitchen and 3 bathrooms have been updated, as well as vinyl plank flooring throughout the home. Gas-log fireplace in the main living room, glass-enclosed patio has a mini-split unit for an added family room space. The split layout provides the primary bedroom with privacy and its own private bathroom with 2 vanities, walk-in shower and walk-in closet. The 2nd primary bedroom includes its own private bathroom with walk-in shower. The 3rd bathroom in the hallway includes 2 vanities, tub and shower. You will appreciate all the updates throughout this place! Outside is just as inviting, with an attached carport with storage, wired workshop, chicken coop, livestock-fenced grazing area with livestock shed and stalls. A man-made pond with liner and aeration fountain gives the catfish a comfy spot to wait for you to bring the fish food for them to frenzily enjoy at the water's surface. It's quite a sight so see the fish swirling and topping the water to get their favorite snacks! Also includes are an RV parking area with connections, a storage container, a fenced dog run, a fence step-over ladder and a garden area, too! This home has everything your family needs, inside and out. Take a look and see if you agree that this is the home for you and yours!

Investor Tools

$0Estimated Mortgage Balance
$176,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,091 /month
Positive
Cash Flow Estimate:
$697 /month

Interested in this property?

Jeffrey Branson

Williamson-Branson Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,807
$140,770
2025
$7,200
$133,570
$140,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,807
$140,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$176,000
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: Roby

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508 N Water St | Property Details | No Agent List