49view

Owner Contacts

$308,590

NAL Estimated Property Value

514 S Main Street, Rising Star, TX, 76471

Off Market

4 Beds

2 Bath

2,451 Sq Ft

$138.72 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms 2

AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Softener, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBoat Slip, Rain Gutters, Rv Hookup, Storage

Lot Size1.57 acres

Building Information

Year Built1965

Garage Spaces4

Land Information

APN372

SubdivisionBbb&C

Land UseResidential

Legal DescriptionTR 3 28 BLK 3 BBB&C RR (JOE CONE) AB 1683

Census Tract950400

Assessed Land Value$27,770

Assessed Improvement Value$280,820

Assessment Year2025

About this property

This is a MUST SEE property with 1.57 acres OUTSIDE THE CITY LIMITS! This would make an awesome venue for weddings, family reunions, retreats, etc! There is lighting for half of the pasture for evening events! A lot of updates have been done to this property including updated electric service panel to 200amp, updated bathrooms, updated flooring in kitchen and huge laundry room, new electric water heater, new appliances (new microwave vent hood is not installed but will convey), new septic tank and leech lines, new fencing in front and back, new gutters, new vinyl windows throughout, new exterior doors, new reverse osmosis system, new 2nd water well, new RV covered spot with electric hookup, new RV open spot with electric hookup, new electric ran to back storage building, pole barn and shop, termite bait system in place for prevention. Water heater has gas hookup as well. All items listed above were updated or replace since 2019. List of improvements listed in documents attached.

Investor Tools

$308,590

Estimated Property Value

$0Estimated Mortgage Balance

$308,590Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$410/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,380

$308,590

2025

$27,770

$280,820

$308,590

Tax History

Year

Tax Paid

Assessed Value

2025

$3,380

$308,590

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$308,590

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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.

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