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$350,000

NAL Estimated Property Value

1010 N Shipp St, Madisonville, TX, 77864

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.33 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size1.26 acres

Building Information

Year Built2002

Land Information

APNR-0110-000-1846-901
Land UseResidential
Legal DescriptionA0110 J S HUNTER TRACT 184-6 1.261 ACRES
Census Tract000400
Assessed Land Value$45,510
Assessed Improvement Value$218,040
Assessment Year2025

About this property

Welcome to 1010 N Shipp. A 3 bedroom with 2 bathroom home situated on 1.26 acres in Madisonville. Bonus garage apartment and carport for boat and auto parking with extra storage. Complete with renovations in main house and garage apartment. New roof September 2024, new electrical 2024. Apartment makes a great rental investment. Even with all the upgrades and renovations this property has so many more opportunities that could be added. Enjoy the fireplace while relaxing in front of the TV in your cozy living room. Home provides a combination of country living with traditional style. Surrounded by beautiful custom homes with all your go to places within a few miles. Make your appointment today!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$199,987Estimated Mortgage Balance
$150,013Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,203
$263,550
2025
$45,510
$218,040
$263,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,203
$263,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$208,800
No
First
Jan 31, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,987
$121,013
37%
57%
$1,252/mo

City: Madisonville

1010 N Shipp St | Property Details | No Agent List