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$299,000

1001 N Penelope Street, Belton, TX, 76513

PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.67 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Oven, Cooktop
FlooringTile, Wood

Exterior

Lot Size27,857 sqft

Building Information

Year Built1950
Stories1
Roof Type112
Garage Spaces2

Land Information

APN91640
Lot Number5
SubdivisionBelton Original
Land UseResidential
Legal DescriptionBELTON ORIGINAL, BLOCK 063, LOT PT 5, (W 150' OF S 188' OF 5) (W 150' OF S 188' OF 5)
Census Tract021601
Assessed Land Value$47,078
Assessed Improvement Value$190,136
Assessment Year2025

About this property

Charming 3-bedroom, 1-bath home located in highly desirable Belton, Texas just one block from the University of Mary Hardin-Baylor and within easy walking distance to campus. This 1,560 sq ft home sits on over half an acre on a spacious corner lot, offering both convenience and room to enjoy outdoor living. The interior has been newly renovated and features brand-new appliances, creating a fresh and move-in-ready space. An upstairs area provides additional square footage that can be finished out to suit a variety of needs such as a home office, additional bedroom, game room, or flex space. With its prime location, large lot, and renovation updates, this property is ideal for homeowners, investors, or those looking to be near UMHB.

Investor Tools

$186,369Estimated Mortgage Balance
$109,631Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,405
$237,214
2025
$47,078
$190,136
$237,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,405
$237,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Commercial
$200,000
No
First
Sep 20, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,369
$109,631
37%
63%
$1,200/mo

City: Belton