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$295,000

1081 Wright St, Terrell, TX, 75160

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.69 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Lot Size16,727 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0443.0000.0820.01.06.00
SubdivisionRansom Sowell
Land UseResidential
Legal DescriptionRANSOM SOWELL, TRACT 820.01; 0.384 ACRES
Census Tract050704
Assessed Land Value$50,181
Assessed Improvement Value$252,191
Assessment Year2025

About this property

Full of potential and set on a spacious 0.384-acre lot, this ranch-style brick home in Terrell offers the kind of setting and flexibility buyers are always looking for. Located on a dead-end road with no neighbors directly behind the property or to the west, this home provides added privacy, a quieter setting, and room to imagine what could be next. With 3 bedrooms, 2 bathrooms, 2 living areas, 1,984 square feet, and a 2-car garage, the floor plan offers generous space for everyday living, entertaining, or future updates. The circular driveway adds convenience and curb appeal, while the classic ranch-style exterior gives the home a timeless feel. Inside, the two living areas create options for a formal living room, family room, game room, office, or flexible space depending on the buyer’s needs. The primary bedroom features multiple closets, offering more storage than typically expected in a home of this era. Built in 1969, this is an older home with character, solid bones, and plenty of opportunity for someone who wants to personalize a property and make it their own. The lot size gives buyers room to enjoy outdoor living, gardening, pets, hobbies, or future improvements, while the location provides a balance of privacy and convenience within Terrell. Even better, the solar panels will be paid off at closing, giving the next owner the benefit of an energy-conscious upgrade without taking on the existing solar balance. Whether you are looking for a home to update over time, a property with extra outdoor space, or a classic brick ranch in a quieter setting, 1081 Wright St. offers space, privacy, and potential in one inviting package.

Investor Tools

Property Icon
$430,000
Estimated Property Value
$196,000Estimated Mortgage Balance
$251,355Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Paul Fritz

Fritz Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$602
$155,207
2025
$50,181
$252,191
$302,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$602
$155,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Llc
Conventional
$196,000
No
First
Oct 12, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,645
$251,355
58%
42%
$1,176/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.

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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: Terrell

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1081 Wright St | Property Details | No Agent List