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$195,000

11323 Fm 773, Ben Wheeler, TX, 75754

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,346 Sq Ft
price_per_sqft$144.87 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Water Heater, Electric Range, Electric Oven
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Private Yard
Lot Size1.03 acres

Building Information

Year Built1951
Stories1

Land Information

APN066.0399.0120.0000.0000
Land UseResidential
Legal DescriptionACRES: 1.028 ABST: 399 SUR: G HAMILTON
Census Tract950902
Assessed Land Value$65,770
Assessed Improvement Value$145,910
Assessment Year2025

About this property

Country charm meets convenience in this updated 2-bedroom, 1.5-bath home on a full acre in Van ISD! Perfect for first-time buyers or those looking to downsize, this home features updated flooring throughout, refreshed kitchen cabinetry, a spacious living room, separate dining room and a large kitchen with room for a breakfast table overlooking the backyard. Enjoy your morning coffee while watching the neighboring cows graze, giving this property a peaceful country feel while still being just minutes from town. The primary bedroom is spacious, while the second bedroom is currently being used as a home office, giving you flexibility to fit your lifestyle. Outside, you'll enjoy both covered front and back porches, offering plenty of space to relax or entertain. The deep backyard provides room to garden, play, or simply enjoy the wide-open feel of country living. Located just minutes from town, you'll love the convenience while still feeling tucked away in the country. Plus, you're only about 13 minutes from Canton's world-famous First Monday Trade Days, making shopping, dining and weekend adventures an easy drive. Historic downtown Ben Wheeler is also nearby, offering local restaurants, live music and small-town charm throughout the year. If you've been looking for an affordable home with updates, room to spread out, and a peaceful East Texas setting, this one is definitely worth a look!

Investor Tools

$143,639Estimated Mortgage Balance
$75,105Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,081
$211,680
2025
$65,770
$145,910
$211,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,081
$211,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$152,000
No
First
May 9, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,639
$74,361
34%
66%
$912/mo

City: Ben Wheeler

11323 Fm 773 | Property Details | No Agent List