$205,900
$1,800
1002 Morrison St, Marshall, TX, 75670
$267,670 ARV
On Market
Price Drop
Property Lead Type:
BankruptcyOff-Market ListDeal ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesMicrowave, Refrigerator, Electric Water Heater
FlooringLaminate
Exterior
Lot Size10,062 sqft
Building Information
Year Built1930
Stories1
Garage Spaces1
Land Information
APN04000.00120.00000.000000
Lot Number11
SubdivisionHendricks Place
Land UseResidential
Legal DescriptionACRES: 0.231 LOT: 11 BLK: 1 SUBD: HENDRICKS PLACE HSE
Census Tract020401
Assessed Land Value$4,030
Assessed Improvement Value$132,820
Assessment Year2025
About this property
SO MUCH HOUSE FOR THE MONEY! 5 bedrooms and two baths. Can be divided as TWO LIVING UNITS. Perfect for large or extended family. Almost complete renovation in 2024-Floors, windows, granite kitchen & baths, heating and AC, paint, and roof. Master is 30 x 15 with its own bath and outside entry and would be perfect owner's, in-law, or teen suite. Rented with option since 2024 and tenants are still in house. Possession subject to them relocating. Showings only on weekend afternoons by appointment. Pictures shown as of 2024.
Investor Tools
$133,164Estimated Mortgage Balance
$38,514Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$267,670
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,235 /month
Positive
Cash Flow Estimate:
$412 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,450
$136,850
2025
$4,030
$132,820
$136,850
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,450
$136,850
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$140,198
No
First
Aug 30, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,164
$3,686
2%
78%
$841/mo
