Last 24 Hours
$135,000
505 E Cowan Ave, Mart, TX, 76664
On Market
Just Added
3 Beds
1 Bath
1,319 Sq Ft
Single Family Residence
$102.35 / sqft
Built in 1993Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage AvailableFlooringHardwood, Vinyl
Exterior
Lot Size12,541 sqft
Building Information
Year Built1935
Stories1
Roof Type105
Garage Spaces1
Land Information
APN320019000023001
Lot NumberB6
SubdivisionCowan L W Addn
Land UseResidential
Legal DescriptionCOWAN L W ADDN LOT B6 A7 BLOCK 3 ACRES .2879
Census Tract003601
Assessed Land Value$16,800
Assessed Improvement Value$117,210
Assessment Year2025
About this property
Investor Opportunity in Mart, TX! This 2-bedroom, 1-bathroom home offers a great opportunity for an investor or buyer looking for a property with potential. The home features a functional layout, covered front porch, and spacious lot. Bring your vision and make the most of this opportunity in Mart.
Investor Tools
$0Estimated Mortgage Balance
$134,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,022
$134,010
2025
$16,800
$117,210
$134,010
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2025
$3,022
$134,010
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$134,010
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,210/mo
N/A
+$1,210/mo
10.8%
12.4%