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B+
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$173,000

185 W Park St, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator

Exterior

Lot Size10,537 sqft

Building Information

Year Built1920

Land Information

APNR000031466
Lot Number10
SubdivisionFrey First Addition
Land UseResidential
Legal DescriptionS3500 FREY FIRST ADDITION, BLOCK 35; LOT 10
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$110,170
Assessment Year2025

About this property

For Rent – 3 Bed, 1.5 Bath Home Charming updated home on a corner lot with 3 bedrooms, 1.5 baths, and a bright modern look. Features include: • Central heat & air • Spacious kitchen • Laundry hookups • Driveway parking • Large yard + fenced backyard ?? Conveniently located within 1 mile of TSU and surrounding Stephenville Schools. ?? Rent: $1,400 Deposit: $1,200 Will run security and back ground check. $45 Application fee. Direct Message me to schedule a showing!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$133,000Estimated Mortgage Balance
$49,286Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$150,170
2025
$40,000
$110,170
$150,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$150,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$133,000
No
First
Aug 15, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,714
$49,286
28%
72%
$798/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: Stephenville

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185 W Park St | Property Details | No Agent List