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$296,590

NAL Estimated Property Value

1124 College Street, Sulphur Springs, TX, 75482

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.12 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4.54 acres

Building Information

Year Built1966
Garage Spaces2

Land Information

APNR000008271
Land UseResidential
Legal DescriptionACRES: 4.535 LOT: 1A BLK: 309 TOWN: SULPHUR SPRINGS
Census Tract950600
Assessed Land Value$81,630
Assessed Improvement Value$214,960
Assessment Year2025

About this property

You'll be proud to own this historic 3 bedroom, 2 bath home on College Street. This house and 4.535 acres was home to Hopkins County’s 1st grade A dairy. The brick dairy barn would make a great workshop! It has concrete floors and electric! The home has spacious rooms, great storage, 2 living areas, and two dining areas that are just a few of the features you’ll love. Enjoy the country view out of the sunroom windows even though you’re only 1 mile from charming, historic downtown square. Gorgeous azaleas, beautiful trees, and delightful flowerbeds surround this special home. New heat and AC system. New dishwasher. New disposal. Don't miss this opportunity to own part of history!

Investor Tools

Property Icon
$296,590
Estimated Property Value
$166,475Estimated Mortgage Balance
$130,115Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,066
$296,590
2025
$81,630
$214,960
$296,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,066
$296,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$187,000
No
First
Sep 21, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,475
$130,115
43%
56%
$1,122/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: Sulphur Springs

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1124 College Street | Property Details | No Agent List