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B+
NoAgentList RatingHow are grades calculated? Info

$199,457

582 Tx State Highway 62, Buna, 77612

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.65 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesMicrowave, Dishwasher
FlooringLaminate

Exterior

Lot Size20,038 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN000390068750
SubdivisionW Mitchell Abstract
Land UseResidential
Legal DescriptionAB 390 W MITCHELL 1331/670 0.46 ACRES
Census Tract950800
Assessed Land Value$14,040
Assessed Improvement Value$185,417
Assessment Year2025

About this property

Charming 3 bedroom 2 full bath dollhouse in the heart of Buna on approx 1/2 acre w/ 1500 sf shop & a circular drive for added convenience. It sits in an ideal location w/ easy access to the main roads & highways. You'll love all of the fine detail & pride of ownership this home has been given. Freshly painted brick w/ neutral colors, wood stained shutters & newer roof immediately grabs your attention along with the simple landscaping around the house. All new laminate flooring just installed throughout the home makes it updated, modern & easy to maintain. All fresh neutral paint throughout is just what you need to coordinate your holiday decor year round. Updated hall bath w/tile surround tub/shower combo. Updated lighting, fans and fixtures throughout. Some added character w/ barn style closet doors. Relax on the covered back patio or go tinker in the oversized metal shop on a concrete slab w/ high ceilings &electrical. Privacy fenced yard & wide pass thru gate are bonus features.

Investor Tools

Property Icon
$199,457
Estimated Property Value
$190,120Estimated Mortgage Balance
$17,663Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,629
$199,457
2025
$14,040
$185,417
$199,457
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,629
$199,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$190,120
No
First
Dec 8, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,794
$20,206
10%
91%
$1,140/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: Buna

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582 Tx State Highway 62 | Property Details | No Agent List