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$109,000

1213 W Sabine St, Carthage, TX, 75633

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$44.58 / sqft
Year BuiltBuilt in 1930

About this property

Come check out this sprawling 0.93-acre lot on W Sabine Street. Anchored by beautiful, mature oak trees, this expansive property offers a rare combination of acreage and convenience just minutes from the historic Carthage square and local schools. The property features a dedicated workshop alongside two additional small storage sheds—perfect for housing tools, equipment, or projects. The existing 2,445-square-foot home features a spacious 4-bedroom, 2-bathroom layout, providing a substantial footprint for a top-to-bottom renovation. Alternatively, the nearly acre-sized lot serves as the perfect blank canvas to build your dream custom home beneath a canopy of well established hardwoods. Whether you are looking to restore classic Texas character to a nearly 100 year old home or start fresh with a premium new construction, this property offers unmatched versatility. Selling strictly as-is. Contact your favorite Realtor today to schedule a showing and see how this property aligns with your goals. This is a Fannie Mae HomePath property. All offers have to be submitted through Homepath.fanniemae.com

Investor Tools

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$290,000
Estimated Property Value
$107,800Estimated Mortgage Balance
$196,211Estimated Equity
63% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Brandon Barr

Coldwell Banker Home Place - Carthage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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: Carthage

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1213 W Sabine St | Property Details | No Agent List