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$538,000

116 E Stephenson Street, Frost, TX, 76641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.63 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8 acres

Building Information

Year Built2000
Stories1
Garage Spaces3

Land Information

APN58438
Lot Number18-25
SubdivisionSouth Side
Land UseAgriculture / Farming
Legal DescriptionS0400 SOUTH SIDE LOT 18 THRU 25 & 28 THRU 40 8.0 ACRES
Census Tract970400
Assessed Land Value$35,200
Assessed Improvement Value$291,960
Assessment Year2025

About this property

FOUNDATION BEING REPAIRED & INTERIOR UPDATED!! Spacious home on EIGHT ACRES. Two oversized living areas, perfect for use as a family room plus game room or man cave. Family room has vaulted ceilings & plenty of natural light, open to kitchen & dining area. Kitchen has granite countertops, breakfast bar, gas stove, tile backsplash & custom cabinets. Oversized master bedroom. Two additional flex rooms can be used for study or craft room. Plantation shutters throughout. Sunroom with fireplace overlooking covered patio. 40x50 freestanding workshop with electricity & attached covered RV parking. Partially fenced, could easily be enclosed for livestock. EXCELLENT layout for home business or multigenerational living.

Investor Tools

Property Icon
$538,000
Estimated Property Value
$0Estimated Mortgage Balance
$190,860Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,652
$327,160
2025
$35,200
$291,960
$430,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,652
$327,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayfirst National Bank
Conventional
$270,400
No
First
Jan 25, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,140
$190,860
35%
65%
$2,282/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: Frost

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116 E Stephenson Street | Property Details | No Agent List