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$235,970

609 W State St, Groesbeck, TX, 76642

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,315 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.11 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesRefrigerator, Electric Water Heater
FlooringCarpet, Tile

Building Information

Year Built2008
Garage Spaces1

Land Information

APNR131154
Lot Number1,2
Land UseResidential
Legal DescriptionBLOCK 222 GROESBECK, LOT 001 - 002
Census Tract970600
Assessed Land Value$7,480
Assessed Improvement Value$228,490
Assessment Year2024

About this property

Welcome to your new home! This beautiful 3-bedroom, 2-bathroom brick house offers the perfect blend of comfort and convenience. Nestled in a great school district, Groesbeck ISD, this property is ideal for families seeking a supportive community. Key features include: Spacious Living-The open living area features a cozy fireplace, perfect for those chilly evenings. Functional Kitchen: Well-appointed kitchen with ample cabinet space. Outdoor Space: Enjoy the outdoors in your fenced backyard, perfect for pets and kids to play safely. Storage & Garage: Additional storage building for all your needs and a one-car garage. Convenient location only 40 miles from Waco, TX, offering easy access to city amenities while enjoying small-town charm. Don’t miss the opportunity to make this charming house your home!

Investor Tools

Property Icon
$235,970
Estimated Property Value
$146,320Estimated Mortgage Balance
$92,308Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,447
$235,970
2024
$7,480
$228,490
$235,970
Yes (2017)

Tax History

Year
Tax Paid
Assessed Value
2022
$2,447
$235,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$146,320
No
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,662
$92,308
39%
61%
$950/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: Groesbeck

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609 W State St | Property Details | No Agent List