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$99,000

$120,000

908 S Rice St, Hamilton, TX, 76531

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,032 Sq Ft
price_per_sqft$95.93 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesNone
FlooringCarpet, Linoleum, Wood

Exterior

Lot Size11,252 sqft

Building Information

Year Built1945

Land Information

APNR17101
Land UseResidential
Legal Description575 SAMUEL A MAVERICK 150X75
Census Tract950300
Assessed Land Value$10,840
Assessed Improvement Value$103,320
Assessment Year2025

About this property

COMMERCIAL POTENTIAL WITH HIGHWAY 281 FRONTAGE! Situated on a high-visibility corner lot at 908 S Rice St, this property offers approximately 125 feet of frontage on State Hwy 281. Currently a 1,032 sq. ft. 3 bedroom, 1-bath frame home, the property is being sold as is and is a prime candidate for a full remodel or a commercial conversion. Built in 1945 the home features a durable metal roof, hardwood floors un exiting flooring and a pier-and-beam foundation. The oversized corner lot provides ample space for parking or expansion. Whether you’re looking for a residential fixer-upper with a massive yard or a strategic business location in the heart of Hamilton, this property offers endless possibilities. Buyer to verify all zoning and utility requirements for commercial use.

Investor Tools

$0Estimated Mortgage Balance
$119,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month

Interested in this property?

Brian Haile

Haile Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,222
$114,160
2025
$10,840
$103,320
$114,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,222
$114,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,000
100%
0%
$0/mo

City: Hamilton