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$375,000

108 W Adams Street, Itasca, TX, 76055

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths1,497 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2021

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave
FlooringConcrete

Exterior

Lot Size13,983 sqft

Building Information

Year Built1920

Land Information

APN119510
Lot Number11,12
SubdivisionItasca Ot
Land UseResidential
Legal DescriptionITASCA OT BLK 10 LT 11 & 12
Census Tract960100
Assessed Land Value$39,150
Assessed Improvement Value$127,250
Assessment Year2025

About this property

Secure your next income-producing asset with this well maintained duplex. Only 5 years old but was freshly painted on the entire inside summer 2025, plus brand new vanities in both primary en suites, along with a few more updates. The kitchen comes equipped with stainless steel appliances, kitchen island, and pantry. Perfectly positioned in a quiet community, this property offers immediate cash flow with both units 100% occupied. Each side features a spacious 1,188 sq. ft. layout with 3 bedrooms and 2 full baths. The modern, open-concept floor plan is designed for long-term tenant appeal, complete with in-unit laundry room and low-maintenance finishes. Start collecting rent from day one!

Investor Tools

$58,185Estimated Mortgage Balance
$120,815Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

April Lewis

Thirty Three Realty & Associates, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$992
$166,400
2025
$39,150
$127,250
$166,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$992
$166,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$62,000
No
First
Jan 28, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,185
$120,815
67%
33%
$372/mo

City: Itasca