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$369,900

For Sale - Active
5902 N Main St, Taylor, TX 76574
3 Beds
3 Baths
1,980 Square Feet
0.00 Acres Lot
Built in 1950
For Sale - Active
Units n/a
Checked: 40 minutes ago
Updated: Sep 03, 2025 at 06:31PM

Investment Summary


Monthly Cash Flow
-$1,007
Cap Rate
2.4%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.7%

Property Description


0.00 Acres Lot
Built in 1950
For Sale - Active
Units n/a

Discover this thoughtfully renovated home offering space, comfort, and modern functionality—all just 10 minutes from Granger Lake. Featuring approximately 1,980 square feet of living space, this home includes a converted master suite, an added office, and a total of eight rooms designed for flexible living. Recent updates include a metal roof (2025), central A/C and heating, an energy-efficient electric water heater, and ceiling fans throughout. Enjoy outdoor living with a covered patio and lounge area, a full outdoor kitchen complete with a double oven grill, and plenty of room to entertain. Additional features include: Detached garage, insulated workshop (~1,686 sq. ft.) with electricity, and carport Insulated storage space that also serves as a carport Two RV hookups and a charging station for electric vehicles or generators City water service, septic system, and partially fenced backyard Conveniently located near local schools, shopping, and all the charm of Taylor’s growing community, this home is perfect for those seeking space, functionality, and a touch of Texas hospitality. Schedule your private showing today and explore the possibilities this unique property has to offer!

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Location


Property Details


Parking

  • Description: Garage
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 0
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 1
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Wood
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Metal

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: R133000020600035
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1950

Tax Information

  • Annual Tax: $5,989

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Williamson

Listing Details


Listed by:
Georgina Chen
All City Real Estate
(512) 983-1680

Source:
Central Texas MLS (CTXMLS)
MLS#: 585666
Central Texas MLS (CTXMLS)

Investment Summary


Monthly Cash Flow
-$1,007
Cap Rate
2.4%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.7%

Purchase Details

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Purchase price:
$369,900
Amount financed:
-$295,920
Down payment:
$73,980
Closing costs:
$11,097
Rehab costs:
$0
Initial cash invested:
$85,077
Square feet:
1,980
Cost per square foot:
$187
Monthly rent per square foot:
$0.91

Financing Details

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Loan amount:
$295,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,750
Property tax:
$499
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,375

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (28%)
28%-$499-$5,989
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (53%)
53%-$949-$11,389

Cash Flow


Monthly Yearly
Net operating income:
$743 $8,916
Mortgage payments:
-$1,750 -$21,000
Cash flow:
$1,007 $12,084