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$255,000

NAL Estimated Property Value

704 E Nelson St, Bowie, TX, 76230

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.98 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Gas Range, Refrigerator, Washer
FlooringCarpet, Tile

Building Information

Year Built1970

Land Information

APNR000001110
Lot Number1
SubdivisionHillcrest
Land UseResidential
Legal DescriptionLOT 1 BLK 1 HILLCREST
Census Tract950502
Assessed Land Value$9,860
Assessed Improvement Value$191,190
Assessment Year2025

About this property

Immaculately kept 3 bedroom, 2 bathroom home offering the perfect blend of city convenience and peaceful, rural charm! Situated on just under an acre, this spacious property features a converted garage that adds extra living or entertaining space—ideal for a game room, home office, or second living area. Enjoy the comfort and care shown throughout the home, with thoughtful details and a warm, inviting atmosphere. Outside, you'll find a 30 x 40 shop perfect for hobbies, projects, or extra storage, along with a separate covered outdoor cooking area—great for hosting gatherings or enjoying weekend BBQs. With plenty of room to spread out, mature trees, and a private feel, this property gives you the best of both worlds: city utilities with a country atmosphere. Don’t miss this unique opportunity to own a home that offers flexibility, functionality, and room to grow

Investor Tools

Property Icon
$255,000
Estimated Property Value
$245,401Estimated Mortgage Balance
$9,599Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,545 /month
Positive
Cash Flow Estimate:
$515 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$997
$201,050
2025
$9,860
$191,190
$201,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$997
$201,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Square Fcu
Fha
$247,926
Yes
First
Oct 16, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,401
$9,599
3%
96%
$1,487/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: Bowie

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704 E Nelson St | Property Details | No Agent List