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$217,508

9590 US Highway 283, Albany, TX, 76430

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.14 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDryer, Electric Cooktop, Electric Oven, Gas Water Heater

Exterior

Lot Size1.40 acres

Building Information

Year Built1980

Land Information

APN10838
Land UseResidential
Legal DescriptionAB 0037 BAL SEC 1 HOUSE & BLDG
Census Tract950300
Assessed Land Value$6,935
Assessed Improvement Value$210,573
Assessment Year2024

About this property

Located just minutes from historical downtown Albany, TX, this property offers endless possibilities as a residential or commercial space. As a residential property, it features nine rooms, including a spacious kitchen, 1.5 bathrooms, and the potential for 4-5 bedrooms. The covered drive-through porte-cochere provides excellent shelter and easy access into the home, and it is large enough to fit two vehicles comfortably. With a bit of creativity, there are countless ways to personalize this space and make it your own. As a commercial property, you could have a multi-room office with a nice conference room, a large metal shop and yard, all with prime highway access. With 1.4 acres, whether you are looking for commercial or residential space, or both, this property could be perfect for you!

Investor Tools

Property Icon
$217,508
Estimated Property Value
$0Estimated Mortgage Balance
$217,508Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,334
$217,508
2024
$6,935
$210,573
$217,508
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,334
$217,508

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,508
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.

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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: Albany

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9590 US Highway 283 | Property Details | No Agent List