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$383,000

NAL Estimated Property Value

580 Lcr 404, Groesbeck, TX, 76642

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,964 Sq Ft
price_per_sqft$152.75 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDouble Oven, Microwave, Electric Water Heater
FlooringLaminate, Vinyl

Exterior

Lot Size2.26 acres

Building Information

Year Built2005
Garage Spaces2

Land Information

APNR117341
Land UseResidential
Legal DescriptionA VARELA -G- RIDGEWOOD PARK, ACRES 2.256
Census Tract970600
Assessed Land Value$38,200
Assessed Improvement Value$272,290
Assessment Year2024

About this property

Enjoy countryside living in this 4 bedroom 2 bath brick home in Groesbeck Texas. The home was built in 2005 with 1964 square feet with 2.256 acres located in Limestone County and Groesbeck ISD. The open concept living makes entertaining a breeze and family gatherings intimate. Mature trees and the oversized patio overlooks the partially fenced backyard giving plenty of room to enjoy outdoor activities. Do not miss the opportunity to live in the Texas lifestyle.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$195,914Estimated Mortgage Balance
$187,086Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,182
$310,490
2024
$38,200
$272,290
$310,490
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,182
$310,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$211,000
No
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,914
$187,086
48%
51%
$1,266/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.

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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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580 Lcr 404 | Property Details | No Agent List