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$2,500

611 Cherry St, Bowie, TX, 76230

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Gas Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesLighting, Storage

Building Information

Year Built1945

Land Information

APNR000002039
Lot Number5,6
Land UseResidential
Legal DescriptionPART OF LOTS 5 & 6 BLK 17 OAK LAWN
Census Tract950501
Assessed Land Value$9,000
Assessed Improvement Value$284,040
Assessment Year2025

About this property

Welcome to this beautifully renovated 4-bedroom, 2-bath home in the heart of Bowie, Texas offering just under 2,700 square feet of thoughtfully updated living space for $2,500 month for a month to month lease. From the moment you step inside, you’ll notice the fresh paint, updated flooring, and stylish finishes throughout. The kitchen shines with granite countertops, a modern tile backsplash, updated hardware, and refreshed lighting, creating a clean and inviting space perfect for both everyday living and entertaining. Both bathrooms have been tastefully upgraded with beautiful tile showers and contemporary fixtures that add a touch of luxury. Outside is where this home truly stands out—featuring a massive covered back porch that spans the entire length of the home, offering endless space for outdoor furniture, gatherings, and relaxing evenings. Situated on a desirable corner lot of over a third of an acre, the property provides plenty of room to spread out. The freshly painted fence adds a crisp, polished look, while multiple covered parking options—including a double front carport and an additional covered carport in the backyard—offer convenience and flexibility for vehicles, storage, or hobbies. Located in Bowie, you’ll enjoy the charm of small-town living with a strong sense of community, great local schools, and easy access to nearby lakes, outdoor recreation, and a historic downtown square filled with local shops and dining. It’s the perfect blend of peaceful living with modern comforts. This is a rare lease opportunity you won’t want to miss! The home is also listed for sale if you are interested in purchasing this beautiful home too.

Investor Tools

$106,561Estimated Mortgage Balance
$186,479Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Lauren Swanson

Post Oak Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,454
$293,040
2025
$9,000
$284,040
$293,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,454
$293,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebank Texas
Stand Alone Second / Subordinate Position
$112,000
No
First
Nov 27, 2023
Nov 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,561
$186,479
63%
36%
$672/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: Bowie

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611 Cherry St | Property Details | No Agent List