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$220,000

NAL Estimated Property Value

206 Leighton Dr, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.16 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
FlooringVinyl

Exterior

Lot Size10,123 sqft

Building Information

Year Built1957
Stories1
Roof Type112
Garage Spaces2

Land Information

APN00.0220.0002.0012.00.06.06
Lot Number12
SubdivisionBivins 1st
Land UseResidential
Legal DescriptionBIVINS 1ST BLOCK B LOT 12
Census Tract050300
Assessed Land Value$65,000
Assessed Improvement Value$155,000
Assessment Year2025

About this property

This charming 3 bedroom, 2 bath home located in Terrell is move-in ready! As you step into the house, you'll be greeted by a small entryway & coat closet & then an inviting living room space with a brick surround fireplace. To the left, a small dining area with designer lighting leads into a light & bright galley kitchen that includes combined stainless steel & black appliances, white porcelain countertops & a large stainless steel sink with a window view of the backyard. Both bathrooms have granite countertops & white subway tile with brushed nickel hardware & shower tub combinations. Recent updates include wall & cabinetry paint & blonde luxury waterproof vinyl flooring that comes with a lifetime warranty. Other notable features of this home include a two-car garage, metal roof & covered backyard patio. Conveniently located close to Hwy 205 & Hwy 80, this home offers the perfect balance of comfort & convenience.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$212,399Estimated Mortgage Balance
$7,601Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,715
$220,000
2025
$65,000
$155,000
$220,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,715
$220,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$225,150
No
First
Apr 25, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,399
$7,601
3%
97%
$1,350/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: Terrell

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