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$221,000

NAL Estimated Property Value

10502 State Highway 21 E, Midway, TX, 75852

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.63 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size41,164 sqft

Land Information

APNR-0023-000-0120-901
Land UseResidential
Legal DescriptionA0023 JAMES MITCHELL TRACT 12 .945 ACRES
Census Tract000100
Assessed Land Value$23,970
Assessed Improvement Value$137,460
Assessment Year2025

About this property

Welcome to this sweet country home situated on almost 1 acre. Only 7 miles to Madisonville and approximately 25 miles to Huntsville, you will have country living, but can also access shopping and grocery stores easily. This property backs up to a hay field as far as the eye can see. Recent updates are new triple-paned windows, added workshop/carport, aerobic system, and an added new Primary Bathroom. Some furnishings and/or appliances may be negotiable. SOLD AS-IS.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$137,781Estimated Mortgage Balance
$83,219Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$400
$161,430
2025
$23,970
$137,460
$161,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$400
$161,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Normangee State Bank
Unknown
$140,250
No
First
May 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,781
$29,219
17%
62%
$841/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midway

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10502 State Highway 21 E | Property Details | No Agent List