For sale

Price cut: $10K (6/28)

$35,000

308 Water St, Zapata, TX 78076

1beds

836sqft

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Single Family Residence

Built in 1981

0.46 Acres Lot

$-- Zestimate^®

$42/sqft

$-- HOA

What's special

Corner lot

Unlock the potential of this 1-bedroom, 1-bath fixer-upper set on a generous 20,108 sq ft corner lot in scenic Zapata, Texas. Located just minutes from the famed Falcon Lake—ideal for fishing, boating, and outdoor adventures—this property offers a peaceful retreat surrounded by nature, where wild deer roam freely. Whether you’re looking for a weekend escape, a smart investment, or a quiet place to call home, this property is full of possibilities.

274 days

75

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Kitchen

Features: None

Heating

None

Cooling

None

Appliances

Included: None, No Water Heater

Features

Flooring: Wood
Attic: None
Has fireplace: No

Interior area

Total structure area: 1,336
Total interior livable area: 836 sqft

Property

Parking

Parking features: No Garage, No Driveway, No Carport

Features

Levels: One
Stories: 1
Patio & porch: None
Fencing: Fenced,Chain Link,Barbed Wire

Lot

Size: 0.46 Acres
Topography: Rolling

Details

Parcel number: 001500090011000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

HardiPlank Type, Wood
Foundation: Slab
Roof: Composition Shingle,15 or More Years

Condition

Year built: 1981

Utilities & green energy

Water: Public
Utilities for property: Overhead Utilities, Sewer Connected

Community & HOA

Community

Subdivision: Falcon Mesa

HOA

Has HOA: No

Location

Region: Zapata

Financial & listing details

Price per square foot: $42/sqft
Tax assessed value: $28,374
Date on market: 10/14/2025
Listing terms: Cash
Ownership: Owner

Estimated market value

Not available

Estimated sales range

Not available

$894/mo

Price history

Date	Event	Price
6/28/2026	Price change	$35,000-22.2%$42/sqft
Source: LAR #20254523 Report a problem
5/3/2026	Price change	$45,000-18.2%$54/sqft
Source: LAR #20254523 Report a problem
10/14/2025	Listed for sale	$55,000$66/sqft
Source: LAR #20254523 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$28,374
2024	--	$28,374
2023	--	$28,374 -8%
2022	--	$30,831 +132.7%
2021	--	$13,252
2020	--	$13,252
2019	--	$13,252
2018	--	$13,252
2017	--	$13,252 +257.6%
2016	--	$3,706
2015	--	$3,706
2007	--	--
2006	--	--
2005	--	--
2004	--	$9,483
2003	--	$9,483
2000	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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