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$186,883

120 Terry Ln, Streetman, TX, 75859

$242,948 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.84 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size15,019 sqft

Building Information

Year Built1996

Land Information

APN63085-00419-00000-000000
Land UseResidential
Legal DescriptionSOUTHSIDE SHORES PT LOT 19A BLK 4
Census Tract000101
Assessed Land Value$19,500
Assessed Improvement Value$167,383
Assessment Year2025

About this property

Welcome to your peaceful retreat at Richland Chambers Lake! This charming 2-bedroom, 2-bathroom home is tucked away on a spacious, tree-shaded lot, offering the perfect blend of privacy and rustic charm—all just minutes from the lake. While it's off-water, you'll love the relaxed lake life vibes and quiet setting. This home would make a perfect weekend fishing base or if you want to relocate permanently and don't need a large space...this is for you! Step inside and you’ll be greeted by warm wood floors that flow throughout the home, giving it that cozy feel. The living space is inviting and full of natural light, perfect for relaxing after a day outdoors. The kitchen has everything you need, and the layout makes the most of every inch and the refrigerator is included, plus the washer and dryer. Outside is where this property really shines. The massive screened-in back patio is a dream—ideal for bug-free evenings with friends or lazy weekend mornings with a cup of coffee. Out front, a large covered porch practically begs for a couple of rocking chairs and a good book. Need space for hobbies or projects? You're in luck. There's a detached artist’s studio that's just waiting to become your dream workshop or creative space with both electricity and water already installed. Plus, there's a second shed for all your storage needs and a two-car detached carport to keep your vehicles protected from the elements. Both the fence and the home are sturdy painted cedar! Whether you're looking for a weekend getaway or a full-time home, this cabin offers comfort, charm, and room to breathe. Come see it for yourself—you might just fall in love.

Investor Tools

Property Icon
$186,883
Estimated Property Value
$187,000Estimated Mortgage Balance
$2,896Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$242,948
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,557
$186,883
2025
$19,500
$167,383
$186,883
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,557
$186,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$187,000
Yes
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,987
$2,896
1%
98%
$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.

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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: Streetman

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120 Terry Ln | Property Details | No Agent List