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$282,000

NAL Estimated Property Value

1548 Timbercreek Dr, Howe, TX, 75459

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.68 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, RV Hookup
Lot Size18,230 sqft

Building Information

Year Built1978
Garage Spaces2

Land Information

APNH001 5923002
Lot Number2
SubdivisionTimber Creek Addn
Land UseResidential
Legal DescriptionTIMBER CREEK ADDN, BLOCK 1, LOT 2
Census Tract001801
Assessed Land Value$69,095
Assessed Improvement Value$177,226
Assessment Year2025

About this property

MOVE-IN READY! Welcome to this well-maintained 3-bedroom, 2-bath home, situated on nearly half an acre! Offering approximately 1,600 square feet, this home features fresh interior paint throughout, new windows, electric blinds in the living room and kitchen, and a functional layout designed for comfortable everyday living. Step outside to enjoy the fenced backyard with a new concrete patio, perfect for relaxing, entertaining, or everyday outdoor enjoyment. The 2-car garage provides added convenience and extra storage space, and RV owners will appreciate the dedicated 30-amp electrical hookup. An added bonus—the solar panels will be fully paid off at closing, offering energy efficiency and long-term savings for the new homeowner. Conveniently located with small-town charm and easy access to nearby highways, this move-in ready home is ready for its next owner to enjoy.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$230,762Estimated Mortgage Balance
$52,071Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$246,321
2025
$69,095
$177,226
$246,321
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$246,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$155,620
Yes
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,762
$22,238
8%
82%
$1,490/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: Howe

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1548 Timbercreek Dr | Property Details | No Agent List