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$335,000

135 Cherry St, Tatum, TX, 75691

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size24,498 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN35656
Lot Number5,6
SubdivisionCherry Park An Addition
Land UseResidential
Legal DescriptionLT 5 & S 75 LT 6 BLK 2 CHERRY PARK SUB
Census Tract950101
Assessed Land Value$35,000
Assessed Improvement Value$229,600
Assessment Year2024

About this property

$80K Price Improvement! 135 Cherry St. in Tatum, TX is a charming single-family home located in a quiet and friendly neighborhood sitting on half an acre. This is the only property in the area that features this size lot, along with two full driveways. This property features a front and back porch, newer roof, a spacious and well-maintained yard, perfect for outdoor activities and entertaining. The interior of the home boasts a comfortable layout, freshly painted walls, wider door openings for those that require extra room, an office space, and never any indoor pets. The additional lot with the 420 sq.ft shop has a half bathroom and a sink allowing for endless possibilities. It could be used as additional parking, a full use workshop, a guest house, or as an income producing space. I must also mention the great school district as well! With its convenient location and desirable features, 135 Cherry St. is a wonderful place to call home for anyone looking to settle down in Tatum, TX!

Investor Tools

Property Icon
$335,000
Estimated Property Value
$274,500Estimated Mortgage Balance
$75,130Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,428
$264,600
2024
$35,000
$229,600
$264,600
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,428
$264,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eastman Cu
Conventional
$274,500
No
First
Jun 18, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,870
$75,130
22%
78%
$915/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: Tatum

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135 Cherry St | Property Details | No Agent List