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$220,000

695 Park Street, McGregor, TX, 76657

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.89 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Concrete, Terrazzo

Exterior

Lot Size3,136 sqft

Building Information

Year Built2018
Stories2
Roof Type105

Land Information

APN341342000001250
Lot Number25
SubdivisionMcgregor Springs Square Addition Ph 1
Land UseResidential
Legal DescriptionMCGREGOR SPRINGS SQUARE ADDITION PH 1 LOT 25 BLOCK 1 ACRES .072
Census Tract003902
Assessed Land Value$25,000
Assessed Improvement Value$138,000
Assessment Year2025

About this property

Beautiful new Town homes. Flooring downstairs will be stained concrete, carpet & tile upstairs. Granite countertops in both kitchen and baths. Walk-in tiled shower for handicap accessibility. Custom made cabinets throughout & 2' wood faux blinds. Brushed nickel door knobs & faucets. Kitchen appliances are Kenmore brand all stainless. Detailed crown molding. Community gazebo and concrete sidewalks. Estimated completion date is Sept 31, 2018. Spring St HOA annual dues are $250.00.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$0Estimated Mortgage Balance
$87,820Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,550
$163,000
2025
$25,000
$138,000
$163,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,550
$163,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$147,000
No
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,180
$87,820
39%
60%
$882/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$1,132/mo
+$378/mo
8.2%

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: McGregor

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695 Park Street | Property Details | No Agent List