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$182,000

206 9th Street, Sulphur Springs, TX, 75482

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.89 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesConvection Oven

Exterior

Lot Size8,930 sqft

Building Information

Year Built1950

Land Information

APNR000005297
Land UseResidential
Legal DescriptionACRES: 0.205 LOT: 1A BLK: 87 TOWN: SULPHUR SPRINGS
Census Tract950402
Assessed Land Value$25,000
Assessed Improvement Value$82,810
Assessment Year2025

About this property

With demand under $200K, this home makes homeownership possible! A first-time homebuyer’s dream and a turnkey investment opportunity, this charming, updated 2-bedroom, 1-bath home near downtown Sulphur Springs is ready to impress. Situated just off Houston in a quiet neighborhood, it’s close to parks and schools. Enjoy new laminate flooring throughout, a quality privacy fence, double-pane windows, attached covered parking, a spacious storage shed, and fresh paint. The formal dining room can easily convert into a versatile bonus room, perfect for a bedroom, playroom, or office. This property has so much to offer! Affordable and move-in ready, this gem is the perfect place to call home.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$8,437Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$508
$107,810
2025
$25,000
$82,810
$107,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$508
$107,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Fha
$171,731
Yes
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,563
$8,437
4%
95%
$1,072/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: Sulphur Springs

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206 9th Street | Property Details | No Agent List