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$184,000

NAL Estimated Property Value

1390 N Race Street, Stephenville, TX, 76401

$199,160 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,433 Sq Ft
price_per_sqft$109.56 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Refrigerator, Vented Exhaust Fan
FlooringVinyl

Building Information

Year Built1940
Garage Spaces2

Land Information

APNR000031396
Lot Number1
SubdivisionFrey First Addition
Land UseResidential
Legal DescriptionS3500 FREY FIRST ADDITION, BLOCK 21;, LOT 1
Census Tract950502
Assessed Land Value$60,000
Assessed Improvement Value$95,110
Assessment Year2025

About this property

This 3 bedroom 2 bath home is located on a extra large corner lot that spans a little over a quarter acre. Large shade trees that would be perfect for a tree house, space for a garden and plenty of room for kids to play. Yard already has a chain link fence. The home is perfect for a family or college student with built in cabinets in the kitchen, washer-dryer hook up and lots of natural light. Single car garage even has additional storage space. House is vacant and home has been priced to sell AS IS.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$128,544Estimated Mortgage Balance
$55,456Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$199,160
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$155,110
2025
$60,000
$95,110
$155,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$155,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$135,145
Yes
First
Apr 21, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,544
$55,456
30%
70%
$836/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: Stephenville

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1390 N Race Street | Property Details | No Agent List