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$200,000

514 N Ellis St, Groesbeck, TX, 76642

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$98.04 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesGas Range, Microwave

Exterior

Lot Size13,410 sqft

Building Information

Year Built1952

Land Information

APNR10694
Land UseResidential
Legal DescriptionRDIV 062-LXII GROESBECK, BLOCK 005, (100X122.5')
Census Tract970600
Assessed Land Value$15,860
Assessed Improvement Value$157,710
Assessment Year2024

About this property

Welcome to 514 N. Ellis St. in the heart of Groesbeck! This 2,012-square-foot home offers plenty of space and a functional layout with four bedrooms and two full bathrooms. The interior has been freshly repainted and the home includes a large laundry room for added convenience. It features 2 welcoming covered porches; one in the front and one on the side, mature trees, and a generous lot. There's plenty of room to enjoy the outdoors with the added bonus of a large detached storage building that stays with the property perfect for a workshop, additional storage, hobby space, man cave or She Shed. The home has a new roof, new electrical, and new plumbing adding valuable peace of mind for the next owner. Conveniently located on N. Ellis St., you'll have easy access to downtown Groesbeck, shopping, dining, schools, and everyday amenities. Whether you're looking for a home to personalize or an investment opportunity, this property offers plenty of possibilities at an attractive price point. Come take a look and imagine the possibilities!

Investor Tools

$0Estimated Mortgage Balance
$173,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Tracie Smith

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,955
$173,570
2024
$15,860
$157,710
$173,570
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,955
$173,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,570
100%
0%
$0/mo

City: Groesbeck

514 N Ellis St | Property Details | No Agent List