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$379,000

1606 Timothy St, Henderson, TX, 75654

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.94 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Oven, Microwave, Disposal, Electric Water Heater
FlooringVinyl

Exterior

Lot Size15,006 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN13996
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 989 BIG OAK SUB
Census Tract950800
Assessed Land Value$45,000
Assessed Improvement Value$241,190
Assessment Year2024

About this property

Located in a quiet, well-established neighborhood, Big Oak Subdivision. This home offers the perfect blend of space, comfort, and modern updates on a 0.34-acre lot. This 4-bedroom, 2.5-bath home spans 2,597 square feet and features an inviting open-concept layout designed for everyday living and effortless entertaining. The main living area is warm and welcoming, anchored by a wood-burning fireplace and flowing seamlessly into the dining and kitchen spaces. Natural light fills the home, enhancing the open feel and leading into a sunroom/bonus room—ideal for a second living area, home office, or playroom. The primary suite is a true retreat, complete with a walk-in shower and tub, double vanities, and generous space to unwind. Three additional bedrooms provide flexibility for family, guests, or work-from-home needs, while the indoor laundry room adds everyday convenience. Step outside to enjoy a fully fenced backyard with established flowerbeds, a sprinkler system throughout the yard, and plenty of room to relax or entertain. A storage building with electricity offers excellent space for hobbies, tools, or additional storage. Major updates include a new HVAC system (2024) and a roof replaced within the last two years, giving peace of mind to the next owner. A garage, mature surroundings, and thoughtful upgrades throughout complete this move-in-ready property. This is a well-maintained home with space, updates, and outdoor features rarely found together—a must-see in an established neighborhood.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$150,575Estimated Mortgage Balance
$180,786Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

Interested in this property?

Benjamin Wooten

Coldwell Banker Home Place-Henderson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,157
$286,190
2024
$45,000
$241,190
$286,190
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,157
$286,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Henderson Fsb
Arm (Adjustable Rate Mortgage)
$150,575
No
First
Feb 5, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,214
$180,786
47%
53%
$1,351/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.

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: Henderson

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