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$243,000

NAL Estimated Property Value

602 W Main Street, Richland Springs, TX, 76871

$315,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.73 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesNone

Exterior

Lot Size5.29 acres

Building Information

Year Built1910

Land Information

APN2283
Land UseResidential
Legal DescriptionE HAGEMAN ABST 534 SURV 281
Census Tract950200
Assessed Land Value$103,160
Assessed Improvement Value$53,400
Assessment Year2025

About this property

FIXER UPPER: This beautiful, historic home built in 1910 is waiting for the next family to love her well! Located on 5.5 acres in a quiet community, this is the perfect space for anyone wanting the peace that comes with country living, while still being close to larger towns such as San Saba, Brady, and Brownwood. Boasting 1883 square feet of interior living space, 3 bedrooms and 1.5 baths, this blank canvas has so much to offer! Distinctive details are found throughout. Gorgeous original windows with intricate detail, lovely transom windows with sashes above the interior doors, and hardwood flooring are just a few features that make this home so special. The most amazing front porch is begging for someone to sit in a rocking chair overlooking the hillside, as the sun sets. With its charming vintage details and original character, this is the opportunity to restore the property to its former glory. Don't miss your chance to create a masterpiece that will stand the test of time!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$315,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,017
$156,560
2025
$103,160
$53,400
$156,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,017
$156,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
100%
0%
$0/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: Richland Springs

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602 W Main Street | Property Details | No Agent List