403 E Bowie St
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Luling Elementary School
Gilbert Gerdes Junior High School
Luling High School
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This property presents significant financial headwinds as a pure investment vehicle. With a negative monthly cash flow of $400, the asset fails to cover its own operating debt, requiring constant capital infusion from the owner. While the large square footage and 4/5 configuration offer potential, the current rental yield of 5.42% is insufficient to offset modern interest rates and maintenance reserves for a home of this size. Luling is a tertiary market, and betting on 4% annual appreciation to recoup negative carry is a speculative strategy. Investors should be wary of the high price point relative to local rental demand, as this asset is currently a liability on a monthly cash basis.
- • Large square footage providing potential for luxury or short-term rental repositioning
- • High bathroom-to-bedroom ratio increases utility for large families
- • Proximity to regional corridors allowing for potential demographic shift
- • Negative monthly cash flow indicates poor immediate ROI
- • High entry price-to-rent ratio relative to the local market
- • Dependency on speculative appreciation rather than fundamental income generation
- • Large footprint increases maintenance and utility overhead
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-02 | Price change | $599,000 | $145 |
| 2026-05-13 | Listed for sale | $629,990 | $153 |
| 2013-01-22 | Sold | $0 | – |
| 2011-03-02 | Price change | $350,000 | $85 |
| 2011-02-25 | Price change | $350 | – |
| 2008-12-10 | Listed for sale | $350,000 | $85 |
| 2008-04-30 | Listing removed | $350,000 | $85 |
| 2008-04-05 | Listed for sale | $350,000 | $85 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,795.83 | $454,670 |
| 2024 | $2,872.79 | $417,840 |
| 2023 | $2,461.65 | $401,159 |
| 2022 | $4,199.89 | $364,690 |
| 2021 | $4,199.89 | $331,970 |
| 2020 | $0 | $322,102 |
| 2018 | $4,199.89 | $266,200 |
| 2017 | $0 | $285,660 |
| 2016 | $0 | $285,940 |
| 2015 | $0 | $200,000 |
| 2014 | $0 | $222,620 |
| 2012 | $0 | $216,970 |
| 2011 | $0 | $150,000 |
| 2010 | $0 | $219,780 |
| 2009 | $0 | $254,930 |
| 2008 | $0 | $255,280 |
| 2007 | $0 | $255,280 |
| 2006 | $0 | $255,280 |
| 2003 | $0 | $180,590 |
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