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$84,472

1506 Fannin St, Bellmead, TX, 76705

$109,814 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths980 Sq Ft
price_per_sqft$86.2 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size37,501 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces2

Land Information

APN280150000059003
Lot Number38-42
SubdivisionFannin
Land UseResidential
Legal DescriptionFANNIN LOT 38- 42 BLOCK 3 ACRES .8609
Census Tract001700
Assessed Land Value$16,880
Assessed Improvement Value$98,600
Assessment Year2025

About this property

Discover the perfect setting for your dream home on this .34-acre vacant lot, tucked in a quiet and established neighborhood. The property features a beautiful, mature pecan tree that provides shade, charm, and character to the land. This homesite offers both privacy and tranquility while still being close to local conveniences. Whether you’re looking to build a home or invest in land for the future, this property has the blend of natural beauty and peaceful surroundings.

Investor Tools

Property Icon
$84,472
Estimated Property Value
$20,000Estimated Mortgage Balance
$74,913Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$109,814
Rent-to-Value Ratio: 0.72%
Rent Estimate
$507 /month
Positive
Cash Flow Estimate:
$169 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$514
$84,472
2025
$16,880
$98,600
$115,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$514
$84,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$20,000
No
First
Jul 11, 2006
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,559
$74,913
88%
11%
$120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$120/mo
+$876/mo
14.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Bellmead

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