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Owner Contacts

$260,000

940 Prairie Street, Columbus, TX, 78934

Off Market

3 Beds

2 Bath

1,546 Sq Ft

Single Family Residence

$140.36 / sqft

Built in 1945

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms 2

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Wood

Exterior

Lot Size9,453 sqft

Building Information

Year Built1945

Garage Spaces2

Land Information

APN1062006000400

Land UseResidential

Legal DescriptionBLK 60 LT PT 4 COLUMBUS HOUSE & BLDG

Census Tract750400

Assessed Land Value$59,550

Assessed Improvement Value$81,240

Assessment Year2025

About this property

BRING ALL OFFERS!This spectacular 3/2 home has been upgraded inside and out. 2022 Renovations include new kitchen and bathrooms, electrical, walls, interior/ exterior paint, all new fixtures, ceiling fans, flooring, blinds and water heater.The roof is only one year old. Open concept kitchen has new stove and DW, granite counters and lots of storage including a breakfast bar. Bathroom has been remodeled w/ tile showers all new fixtures and ceramic tiles. Primary bath is completely new and stunning.The spacious living/dining room has built-ins and lots of light! All new LVP flooring throughout with new carpet in the bedrooms. The primary bedroom has dbl closets w/a large walk in closet. The mud room/hall near the entry is a perfect landing space for all of the kids stuff! The large fenced backyard and huge carport offer convenient off-street parking.The workshop has endless possibilities. The laundry inside near the bedrooms is convenient. Great investment for Airbnb or long-term rental.

Investor Tools

$260,000

Estimated Property Value

$0Estimated Mortgage Balance

$215,470Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$287/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,139

$140,790

2025

$59,550

$81,240

$140,790

Tax History

Year

Tax Paid

Assessed Value

2025

$2,139

$140,790

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amerigroup Mortgage Corp

$72,939

Yes

First

May 28, 2011

Jun 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$44,530

$215,470

82%

17%

$308/mo

Learn About the Market: Opportunity in Texas

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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.

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