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$60,000

1405 Ward Street, Marlin, TX, 76661

$68,092 ARVInfo
PendingInfo
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$67.57 / sqft

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Refrigerator

Exterior

Lot Size6,708 sqft

Land Information

APN10140001
Lot Number80A
SubdivisionThomas Place
Land UseResidential
Legal DescriptionS4330 THOMAS PLACE BLK 1 LOT 80A
Census Tract000300
Assessed Land Value$4,560
Assessed Improvement Value$43,390
Assessment Year2025

About this property

Investor Special! This 2-bedroom, 1-bath home features a bonus room that was previously used as a third bedroom—perfect for extra living space or a home office. Includes covered parking for one car and a large backyard, offering plenty of potential for outdoor enjoyment or future expansion. The home needs some TLC, but it's priced to sell and packed with potential. A proven income producer, this property has been a consistent rental for many years. Whether you're looking to expand your portfolio or start your real estate investment journey, this is an opportunity you won't want to miss!

Investor Tools

$0Estimated Mortgage Balance
$74,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$68,091
Rent-to-Value Ratio: 0.72%
Rent Estimate
$444 /month
Positive
Cash Flow Estimate:
$148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,507
$47,950
2025
$4,560
$43,390
$47,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,507
$47,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$74,000
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.

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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: Marlin

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1405 Ward Street | Property Details | No Agent List