603 E Grand Ave, Marshall, TX, 75670
About This Home
Investors! Owner financing available! This multi-unit rental property is near completion and waiting on your finishing touches! Even the remaining renovations can be financed! Level 1 is a flexible space with 1729 sq ft that has several rooms, and a large, shared space could be used for storage or a common area. Level 2 is also 1729 sq ft and is currently designed to be a "co-living/pad split" (think dorm style) space intended to rent rooms to tenants who would also have a common living area and kitchen. Great design for college kids. Level 3 is once again 1729 sq ft and features 2 2-bedroom 1-bath apartments that have already been updated. Level 4 555 sq ft and is another 2-bedroom 1 bath apartment. Lots of possibilities with this property, including 5 plex with 3 apartment units rehabbed already, or can be 3 apartments with 6 single rooms for rent. Property sits on nearly half an acre with ample parking. This investment opportunity is centrally located near downtown and local colleges, making it convenient to all Marshall has to offer!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Composition,Gable
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Separate Heater
Features
- High Speed Internet
- Fireplace features: None
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Property
Details
- Parcel number: R000019719
- Special condition: In Foreclosure
Features
- Levels: Multi/Split
Lot
- Features: Curbs/Gutters
Parking
- Parking features: No Garage
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
- Ice Storm
- Tornado
- Cold Wave
- Hail
- Heat Wave
- 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 | $1,238 | $14,856 |
| Home Insurance * | $319 | $3,828 |
| Property Taxes | $386 | $4,632 |
| Electricity | $238 | $2,859 |
| Total | $2,181 | $26,172 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-02-01 | Listing removed | $325,000 |
| 2024-10-15 | Price change | $325,000 |
| 2024-08-31 | Price change | $349,000 |
| 2024-07-30 | Listed for sale | $399,000 |
| 2024-02-21 | Listing removed | -- |
| 2023-12-28 | Price change | $450,000 |
| 2023-11-01 | Price change | $464,950 |
| 2023-10-08 | Price change | $479,950 |
| 2023-09-13 | Price change | $494,000 |
| 2023-08-22 | Price change | $499,000 |
| 2023-08-08 | Price change | $522,000 |
| 2023-07-28 | Price change | $547,000 |
| 2023-07-13 | Price change | $572,000 |
| 2023-06-27 | Price change | $597,000 |
| 2023-06-06 | Listed for sale | $599,999 |
| 2020-10-21 | Sold | -- |
| 2020-06-24 | Listed for sale | $69,900 |
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