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$169,500

172 M Burton St, Riesel, TX, 76682

On MarketInfo
Just AddedInfo

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3.63 acres

Land Information

APN420017000148020
SubdivisionGalindo I
Land UseResidential
Legal DescriptionGALINDO I ACRES 3.63
Census Tract003602
Assessed Land Value$49,170
Assessed Improvement Value$45,020
Assessment Year2025

About this property

Great 3.63-acre lot inside Riesel city limits featuring an existing workshop (approx. 30' x 40') and hay barn. As you enter the property, the workshop is to the left, the hay barn is to the right, and a cleared area sits toward the front. Beyond the clearing, the property becomes wooded, with mature trees and trails throughout, offering a mix of open space and natural beauty. The property has electric infrastructure already on-site, along with an existing aerobic septic system from a previous home. Water service is available through H&H Water Supply; no active meter is currently installed. Buyer to verify tap and meter availability, fees, and requirements with H&H Water Supply. The wood-framed, metal workshop features a concrete foundation, roll-up garage door, standard entry door, and an electrical breaker box located inside the shop. Zoned residential, this property offers the opportunity to build a new home or bring a manufactured home, subject to applicable restrictions and buyer verification.

Investor Tools

$0Estimated Mortgage Balance
$94,190Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,017 /month
Positive
Cash Flow Estimate:
$339 /month

Interested in this property?

Rebecca Baker

Kelly, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,409
$94,190
2025
$49,170
$45,020
$94,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,409
$94,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$94,190
100%
0%
$0/mo

City: Riesel

172 M Burton St | Property Details | No Agent List