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A+
NoAgentList RatingHow are grades calculated?Info
Days260Days on Market
Views1view
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$147,500

604 W Main Street, Richland, TX, 76681

$179,000 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths3,191 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$46.22 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone

Exterior

Lot Size39,378 sqft

Building Information

Year Built1978
Stories1
Roof Type114
Garage Spaces3

Land Information

APN47193
SubdivisionJ Choate Abst
Land UseResidential
Legal DescriptionABS A10002 J CHOATE ABST TRACT 80 .904 ACRES
Census Tract971000
Assessed Land Value$41,580
Assessed Improvement Value$127,230
Assessment Year2025

About this property

Opportunity awaits in Richland! This home offers over 3,000 square feet of space and sits on nearly an acre, providing tons of potential for the right buyer. The property needs significant work and is being sold as-is, making it a great opportunity for investors or anyone looking to take on a renovation project. With plenty of room to reimagine inside and out, this is your chance to create something special.

Investor Tools

$79,697Estimated Mortgage Balance
$89,113Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$179,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,013 /month
Positive
Cash Flow Estimate:
$338 /month

Interested in this property?

Kelli Hobbs

Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,548
$168,810
2025
$41,580
$127,230
$168,810
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,548
$168,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$99,000
No
First
Apr 23, 2010
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,697
$89,113
52%
47%
$738/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Richland

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604 W Main Street | Property Details | No Agent List