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$302,340

NAL Estimated Property Value

1408 Center Drive, Stephenville, TX, 76401

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,888 Sq Ft
price_per_sqft$174.79 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1977
Garage Spaces2

Land Information

APNR000032609
Lot Number14
SubdivisionMcalister Second
Land UseResidential
Legal DescriptionS5200 MCALISTER SECOND;, BLOCK 3;, LOT 14
Census Tract950501
Assessed Land Value$40,000
Assessed Improvement Value$262,340
Assessment Year2025

About this property

This cozy and inviting home comes with numerous updated features for you to enjoy in a wonderful neighborhood. The traditional brick residence with beautiful mature shade trees includes crown molding, spacious living room, two bedrooms and two bathrooms, along with a bonus sunroom that provides additional living space to become an added bedroom, office or whatever you may need. This awesome kitchen features granite countertops with lots of cabinet storage space and a double oven. Hollywood master bath has a handicap accessible tub and stall shower. The property has been meticulously maintained and features a fenced backyard, sprinkler system, storage building, and water softener. Located only five minutes from Tarlton State University and a quick drive to town, shopping, local parks and schools.

Investor Tools

Property Icon
$302,340
Estimated Property Value
$0Estimated Mortgage Balance
$302,340Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$302,340
2025
$40,000
$262,340
$302,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$302,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,340
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: Stephenville

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1408 Center Drive | Property Details | No Agent List