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$179,160

513 Henderson Blvd, Groesbeck, TX, 76642

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.13 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1967

Land Information

APNR8773
Lot Number5
Land UseResidential
Legal DescriptionREAGAN RE-SUBDIVISION ADDITION GROESBECK, LOT 005, (105X210')
Census Tract970600
Assessed Land Value$6,300
Assessed Improvement Value$172,860
Assessment Year2024

About this property

Welcome to 513 Henderson Blvd, a fantastic opportunity for first-time homebuyers or investors! This 4-bedroom, 2-bathroom home sits on a generous .51-acre lot, offering plenty of space to enjoy. Currently tenant-occupied, this property provides immediate rental income, making it a great investment option. This home is USDA loan eligible, offering accessible financing options for qualified buyers. With a functional layout and room to personalize, it’s an ideal starter home for those looking to step into homeownership. Don’t miss out on this great opportunity! Schedule a showing today and explore the potential of 513 Henderson Blvd.

Investor Tools

Property Icon
$179,160
Estimated Property Value
$136,000Estimated Mortgage Balance
$54,498Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,194
$179,160
2024
$6,300
$172,860
$179,160
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,194
$179,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Central Cu
Stand Alone Second / Subordinate Position
$136,000
No
First
Dec 6, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,662
$54,498
30%
70%
$816/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: Groesbeck

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513 Henderson Blvd | Property Details | No Agent List