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A+
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$45,000

814 S Jenny St, Groesbeck, TX, 76642

Off MarketInfo
Baths0 Bath
Baths840 Sq Ft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.38 acres

Building Information

Year Built1935

Land Information

APNR6691
Land UseResidential
Legal DescriptionSCHARFF ADDITION GROESBECK, ACRES 1.38, 001-002-003
Census Tract970600
Assessed Land Value$15,030
Assessed Improvement Value$7,970
Assessment Year2024

About this property

Discover the endless potential of this spacious 1.38-acre lot located within the city limits of Groesbeck, TX. With city utilities already in place, this property offers a convenient and hassle-free opportunity for development. Whether you’re looking to build a cozy tiny home or design your dream house, this land is perfectly situated across from local elementary schools, making it an excellent choice for families. The lot currently has an older home that will need to be demolished, giving you a blank canvas to create the ideal living space. With its prime location and size, the possibilities are limitless! Don’t miss out on this fantastic investment opportunity in a growing community.

Investor Tools

Property Icon
$45,000
Estimated Property Value
$0Estimated Mortgage Balance
$45,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$24/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$66
$23,000
2024
$15,030
$7,970
$23,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$66
$23,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$45,000
100%
0%
$0/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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814 S Jenny St | Property Details | No Agent List