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$162,000

NAL Estimated Property Value

511 Main St, Martindale, TX, 78655

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.91 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringWood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1000000-201-025-80
Lot Number25,26
SubdivisionO.T. Martindale
Land UseResidential
Legal DescriptionO.T. MARTINDALE, LOT PT 25,26
Census Tract960501
Assessed Land Value$23,520
Assessed Improvement Value$103,710
Assessment Year2025

About this property

Priced at $800. Cozy, affordable and charming one-bedroom ADU (Accessory Dwelling Unit) is nestled in a private front yard setting, offering a peaceful retreat while remaining conveniently close to downtown Martindale, TX . The unit features a comfortable living space, a fully equipped kitchenette, and a separate bathroom for added privacy. This unit offers a combined bedroom and living room space for simplicity and functional living perfect for those seeking a minimalist lifestyle. All utilities, including water, internet, electricity, and trash, are included in the monthly rent, making it super budget friendly and stress-free. Perfect for a single tenant or a couple, this ADU combines affordability and convenience in San Marcos, 10 minutes away, and Lockhart, 15 minutes away. Shared laundry facilities. No pets. Rent for 6 or 12 months

Investor Tools

Property Icon
$162,000
Estimated Property Value
$0Estimated Mortgage Balance
$162,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$127,230
2025
$23,520
$103,710
$127,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,930
$127,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,000
100%
0%
$0/mo

City: Martindale

511 Main St | Property Details | No Agent List