Last 24 Hours
$174,000
NAL Estimated Property Value509 S Davidson St, Karnes City, TX, 78118
$226,200 ARV
Off Market
3 Beds
1 Bath
1,240 Sq Ft
$145.16 / sqft
Built in 1959Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1AppliancesRange, Cooktop
FlooringWood, Laminate
Exterior
Lot Size10,019 sqft
Building Information
Year Built1959
Garage Spaces2
Land Information
APN66970
Lot Number4
Land UseResidential
Legal DescriptionSOUTHSIDE KARNES CITY LOT 4 BLK 28 (202100001744)
Census Tract970200
Assessed Land Value$6,800
Assessed Improvement Value$41,090
Assessment Year2025
About this property
***Charming 3-Bedroom Home with 2-Car Garage*** This well-maintained 3-bedroom, 1 bath home offers 1240 sq. ft. of comfortable living space. Built in 1959, it features solid craftsmanship and has been well maintained over the years. A spacious 2-car garage provides convenience and extra storage. Whether you are a first time buyer, downsizing, or looking for an investment opportunity, this property is full of potential!
Investor Tools
$174,000
Estimated Property Value
$50,749Estimated Mortgage Balance
$123,251Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$226,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$457
$47,890
2025
$6,800
$41,090
$47,890
No
Tax History
Year
Tax Paid
Assessed Value
2025
$457
$47,890
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amy Mcnally
Seller Carryback / Seller Financing / Seller Take-Back
$56,000
No
First
Jun 4, 2021
Sep 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,749
$123,251
70%
29%
$336/mo
12.4%