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$65,000

602 Richard Cruz St, Freer, TX, 78357

$84,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths896 Sq Ft
price_per_sqft$72.54 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Electric Range, Refrigerator
FlooringHardwood, Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size12,502 sqft

Building Information

Garage Spaces1

Land Information

APN110400-009-0070
Land UseResidential
Legal DescriptionLTS 7/8 BLK 9 FREER WESTSIDE ADD
Census Tract950200
Assessed Land Value$3,150
Assessed Improvement Value$36,570
Assessment Year2025

About this property

*NEW, REDUCED PRICE!* This property has been a good investment property for years, & the seller is now ready to SELL!!! The present rental income is $850/month. It is located on the corner of 5th Street & Richard Cruz. There was a room added on, which was measured to be approx. 130 SF. This bonus room has been used as a third bedroom. Please Note: The CAD SF does not reflect the combined living area SF of approx. 1,026. There is one bathroom and a 1-car detached garage. There are 2 storage sheds. Property includes 2 full lots, providing plenty of space to add other structures! 1900 is not the year built, this is the default number required when the actual year built is unknown. Make this your primary home or use it as a good, long-term investment!! A 1-day advance notice is required for all showing appointments, as this home is tenant occupied.

Investor Tools

$0Estimated Mortgage Balance
$92,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$84,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month

Interested in this property?

Kimberly Stewart

ADONAI K. Stewart Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$68/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$357
$39,720
2025
$3,150
$36,570
$39,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$357
$39,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$97,000
100%
0%
$0/mo

City: Freer

602 Richard Cruz St | Property Details | No Agent List