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$397,000

NAL Estimated Property Value

138 Easy Street, Frankston, TX, 75763

Off MarketInfo
Beds3 Beds
Baths2,038 Sq Ft
price_per_sqft$196.27 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size29,621 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN842829
Lot Number31
Land UseResidential
Legal DescriptionNORTHWOOD SUBDIVISION UNIT 1 LOT 31
Census Tract950100
Assessed Land Value$62,204
Assessed Improvement Value$325,264
Assessment Year2025

About this property

This stunning 3-bedroom, 2.5-bathroom, 2-car garage custom-built home, completed in 2023, sits on a spacious 0.68-acre lot in the picturesque Northwood Subdivision of Frankston. Inside, you are welcomed by a bright, airy living room with beamed ceilings, abundant natural light from large windows, and a stone gas fireplace. The open floor plan seamlessly connects to the chef’s dream kitchen, featuring custom knotty alder wood cabinetry with soft-close features, a farmhouse sink, a breakfast bar, a gas cooktop, electric oven, pullout spice racks, and a large walk-in pantry. The primary suite is a private retreat with a beamed ceiling, a huge walk-in closet, and an ensuite bathroom complete with his-and-her sinks, a soaking tub, and a tiled walk-in shower. A half bath and laundry room are conveniently located nearby. On the opposite side of the home, two generously sized bedrooms share a full bathroom with a showertub combo. Additional upgrades include luxury vinyl plank flooring, bullnose corners, 8-ft doors throughout, instant hot water, a Ring alarm system, and ample floored walk-in attic space above the garage. Energy-efficient foam insulation ensures low electric bills, while the heated and cooled extra-large garage offers space for vehicles, a workshop, or additional storage. Outside, the backyard features a covered patio, perfect for relaxing or entertaining. This home is truly one-of-a-kind, schedule your showing today!

Investor Tools

Property Icon
$397,000
Estimated Property Value
$312,805Estimated Mortgage Balance
$84,195Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$65/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,889
$387,468
2025
$62,204
$325,264
$387,468
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,889
$387,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Building Or Construction Loan
$335,087
No
First
Oct 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,805
$84,195
21%
79%
$2,010/mo

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: Frankston

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138 Easy Street | Property Details | No Agent List