Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$117,000

NAL Estimated Property Value

801 Cherry Dr, Groesbeck, TX, 76642

$134,877 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,400 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$83.57 / sqft

About this property

Build your home in this great established neighborhood in Groesbeck, TX. Good school district. Lot backs up to a pasture so you will have some privacy. Considered a corner lot but the road on the side (Anson St) was never developed. The property faces Cherry Lane and is across the street from the Ball Park. Very nice residential only neighborhood. No mobile homes - at least 800 square feet of living space, at least 50% brick or masonry construction. These restrictions were put in place in 1988 for a period of 25 years so may not be enforceable (see documents for full listing). You will need to check with the City of Groesbeck on what is allowed. This lot is about 20 foot wider than most the other lots on this street with 80 feet of road frontage and the lot is 115 foot deep.

Investor Tools

Property Icon
$117,000
Estimated Property Value
$0Estimated Mortgage Balance
$117,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$134,877
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$67/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$217
$7,820
2024
$7,820
N/A
$7,820
No

Tax History

Year
Tax Paid
Assessed Value
2022
$217
$7,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$117,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

801 Cherry Dr | Property Details | No Agent List