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$128,000

NAL Estimated Property Value

12888 Fm 902, Howe, TX, 75459

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths672 Sq Ft
price_per_sqft$148.81 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size10,454 sqft

Building Information

Year Built1962
Roof Type109
Garage Spaces1

Land Information

APN247 0775007
SubdivisionMiller Mary A-G0775
Land UseResidential
Legal DescriptionG-0775 MILLER MARY A-G0775, ACRES 0.24
Census Tract001901
Assessed Land Value$41,295
Assessed Improvement Value$76,461
Assessment Year2025

About this property

Super cute home conveniently located close to the intersection of Preston Road and FM 902. This home has 1 bedroom and a 2nd living room that is versatile space. The large kitchen has lots of counter space and cabinets. Room for a small eat-in kitchen table. This home has an attached carport with a large closet. Window units keep this home very cool and the gas powered heater keeps it toasty in the winter. The spacious backyard is fully fenced with a custom large swing gate. The metal roof is a bonus!. This property is surrounded by rolling ranches. First time home buyers- don't miss this affordable home. Investors- here's your chance to add to your portfolio.

Investor Tools

Property Icon
$128,000
Estimated Property Value
$0Estimated Mortgage Balance
$128,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,496
$117,756
2025
$41,295
$76,461
$117,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,496
$117,756

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,000
100%
0%
$0/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.

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: Howe

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12888 Fm 902 | Property Details | No Agent List