$68,000
209 W Sabine St, Groesbeck, TX, 76642
$88,400 ARV
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater, Tankless Water Heater
FlooringLuxury Vinyl Plank
Exterior
Lot Size9,587 sqft
Land Information
APNR10555
Lot Number7,8
Land UseResidential
Legal DescriptionBLOCK 061 GROESBECK, LOT 007 - 008, (E/33.3' OF 7)
Census Tract970600
Assessed Land Value$6,280
Assessed Improvement Value$47,630
Assessment Year2024
About this property
Discover the potential in this 2 bedroom, 1.5 bath home offering 1,002 sq. ft. of living space! Features include granite kitchen countertop in kitchen, vinyl flooring in the living, dining, kitchen, and bathrooms, a tankless gas water heater, and a laundry-bonus room. Property is being sold AS IS, with the price adjusted to reflect it's current condition. The roof was replaced in 2026 and the foundation was repaired in 2025. Cracks are a result of foundation repair. Bring all reasonable offers!
Investor Tools
$43,888Estimated Mortgage Balance
$48,112Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$88,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,136
$53,910
2024
$6,280
$47,630
$53,910
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,136
$53,910
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$49,500
No
First
Dec 29, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,888
$48,112
52%
48%
$297/mo
