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$195,000

11390 S Highway 77, Italy, TX, 76651

$253,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.33 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Lot Size1.23 acres

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.9175.000.006.99.107
Lot Number2,6B
SubdivisionWard Estate Rev
Land UseResidential
Legal DescriptionLOT 6B-2 WARD ESTATE REV 1.228 AC
Census Tract061000
Assessed Land Value$80,000
Assessed Improvement Value$115,237
Assessment Year2025

About this property

Looking for some privacy is quiteness and yet easy access to main roads then this home is for you This older 3bdrm,1bath home has had extensive updating. Sit and enjoy the birds on your covered front porch and breath in the fresh air and peach and quite. Roof approx 2yrs old. Master bdrm is spacious and has a XL walkin closet with washer and dryer for extra convenience. Property is surrounded with undeveloped land for extra privacy. New survey will be needed. Priced under $200k, this one will go fast, schedule your tour today.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$11,249Estimated Mortgage Balance
$214,999Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$253,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,721
$195,237
2025
$80,000
$115,237
$195,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,721
$195,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$11,249
Yes
First
Feb 17, 2025
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,001
$214,999
95%
5%
$68/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$68/mo
+$1,904/mo
10.5%

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: Italy

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