313 Fm 316 S, Eustace, TX, 75124
About This Home
Investor special with major upgrades already completed! This 2-bedroom, 1-bath home offers approximately 1,028 square feet of opportunity and is ready for its next owner to bring it to the finish line. Being sold AS IS, this property is ideal for cash buyers seeking a strong value-add investment or renovation project. Recent improvements include a roof replacement, updated plumbing, and electrical—providing peace of mind on some of the biggest-ticket items. Interior updates feature new flooring, fresh paint, updated lighting, and new cabinetry in the kitchen, laundry area, and bathroom. The water heater has also been replaced. The home will require replacement of central heating and air as well as installation of kitchen appliances, and it will not qualify for traditional financing. With many of the major updates already completed, this property presents a great opportunity to customize and maximize value. Cash only. Bring your vision and unlock the potential!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Dryer Hookup,ElectricDryer Hookup
Bedroom
- Level: First
- Dimensions: 10 x 9
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Cooling features: Ceiling Fan(s),Wall/Window Unit(s)
Dining Room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 10 x 9
Features
- Open Floorplan
- Flooring: Ceramic Tile,Laminate,Luxury Vinyl Plank
Interior Area
- Total interior livable area: 1,020 sqft
Kitchen
- Features: Built-in Features
- Level: First
- Dimensions: 11 x 7
Laundry
- Features: Built-in Features
- Level: First
- Dimensions: 14 x 7
Living Room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 15 x 13
Master Bedroom
- Level: First
- Dimensions: 12 x 11
Other
- Features: Built-in Features
- Level: First
- Dimensions: 6 x 5
Property
Details
- Parcel number: 00604780000031
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Covered
Lot
- Lot size: 9,757 sqft
- Features: Back Yard,Interior Lot,Lawn
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $581 | $6,972 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $152 | $1,824 |
| Electricity | $238 | $2,859 |
| Total | $1,061 | $12,732 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $120,000 |
For Sale by Agent
View on Zillow