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$225,000

401 N Oleander St, Grand Saline, TX, 75140

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.46 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer

Exterior

Lot Size14,810 sqft

Building Information

Year Built1953
Stories1

Land Information

APN044.3630.0007.0005.0000
Lot Number5-6
Land UseResidential
Legal DescriptionACRES: 0.340 BLK: 7 LOT: 5&6 ADDN: R-1
Census Tract950200
Assessed Land Value$15,660
Assessed Improvement Value$78,760
Assessment Year2026

About this property

Welcome to 401 N Oleander Street in Grand Saline! This charming 2-bedroom, 1-bathroom home offers approximately 928 square feet of living space on a spacious 0.34-acre lot. The property features two platted lots, providing plenty of outdoor space for gardening, entertaining, or enjoying the outdoors. A covered porch, patio area, and storage building add to the property's functionality and appeal. Conveniently located near downtown Grand Saline, local shopping, dining, and schools. Whether you're looking for a place to call home or an investment opportunity, this property offers plenty of possibilities. Buyer and buyer's agent to verify all property information, measurements, and features.

Investor Tools

$104,461Estimated Mortgage Balance
$104,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,608
$94,420
2026
$15,660
$78,760
$94,420
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2026
$2,608
$94,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$108,007
Yes
First
Jan 30, 2025
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,461
N/A
0%
100%
$648/mo

City: Grand Saline

401 N Oleander St | Property Details | No Agent List