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$200,928

109 E Tutt St, Howe, TX, 75459

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.89 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringHardwood

Exterior

Exterior FeaturesStorage
Lot Size11,500 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APNH003 5912036
Lot Number12,13
SubdivisionOtp Howe
Land UseResidential
Legal DescriptionOTP HOWE, BLOCK 5, LOT 12 & 13
Census Tract001801
Assessed Land Value$62,675
Assessed Improvement Value$138,253
Assessment Year2025

About this property

The home is in a perfect location, walking distance to downtown Howe and on a large, oversized lot with huge pecan trees for shade and your next pie! Perfect starter home or investment home, just shy of 1,100 sf with 2 living areas, 2 bedrooms, large kitchen & pantry and soaring ceilings with modern touches to a classic home. Recently updated with hand scraped hardwoods and vinyl in wet areas, electrical panel, plugs, switches and lights, plumbing (water and sewer lines toilet, faucets), new Hardie siding on bottom third of house, new AC condenser, stove and dishwasher, new paint inside and outside. The detached 2-car carport, RV-boat parking, fenced yard with a front porch and backyard deck are perfect for relaxing. Near US75 and a quick drive north to Sherman and south to McKinney. Foundation work completed in June 2023 with transferrable 3 year warranty.

Investor Tools

Property Icon
$200,928
Estimated Property Value
$193,903Estimated Mortgage Balance
$12,793Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,122
$200,928
2025
$62,675
$138,253
$200,928
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,122
$200,928

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$193,903
No
First
Sep 11, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,135
$12,793
6%
94%
$1,163/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: Howe

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109 E Tutt St | Property Details | No Agent List