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$402,000

NAL Estimated Property Value

850 Ewelling Ln, Gruene, TX, 78130

$437,313 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,274 Sq Ft
price_per_sqft$1,176.61 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater
FlooringLaminate

Exterior

Exterior FeaturesBarbecue, Private Entrance, Private Yard
Lot Size4.96 acres

Building Information

Year Built1950
Stories1
Roof Type114
Garage Spaces2

Land Information

APN17-0186-0001-00
Lot Number1
SubdivisionFrank Real
Land UseResidential
Legal DescriptionFRANK REAL, BLOCK 1, LOT 1, LIFE ESTATE LIFE ESTATE
Census Tract310503
Assessed Land Value$345,900
Assessed Improvement Value$119,590
Assessment Year2025

About this property

Prepare to be enchanted by this exquisite property nestled near the heart of Historic Gruene. Surrounded by a vibrant community, this area offers an array of event venues, shopping, restaurants, resorts, LIVE MUSIC AT HISTORIC GRUENE HALL, river tubing businesses, and upscale residential communities, ensuring a lifestyle of both charm and convenience. Discover tranquility at the back of the lot, where a spring-fed lake graces the landscape, offering both beauty and practicality - Included in this enticing package is a delightful house at the forefront, complete with a storage shed and a well. While currently zoned as R2, there exists the exciting possibility of rezoning to suit your needs and aspirations.

Investor Tools

Property Icon
$402,000
Estimated Property Value
$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$437,313
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$438
$259,849
2025
$345,900
$119,590
$465,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$438
$259,849

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$484,000
100%
0%
$0/mo

City: Gruene