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$1,450,000

206 N Chestnut St, Hallsville, TX, 75650

On MarketInfo
Beds Beds
Baths Bath
Baths2,584 Sq Ft
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Water Heater, Dishwasher, Electric Oven, Microwave, Refrigerator, Electric Range, Free-Standing Range
FlooringTile, Carpet

Exterior

Lot Size36,982 sqft

Building Information

Year Built2009

Land Information

APN01050.00470.00000.000000
Lot Number1-4
SubdivisionHallsville Ots
Land UseResidential
Legal DescriptionACRES: 0.849 LOT: 1-4 BLK: L EAST SUBD: HALLSVILLE OTS ABST: 146 W C CRAWFORD DPLX
Census Tract020605
Assessed Land Value$27,750
Assessed Improvement Value$1,013,085
Assessment Year2025

About this property

What a fantastic investment opportunity in Hallsville, Tx. There are four duplexes: 206 & 208 N. Chestnut St, 199 E. Church St and 200 E Elm ST located across from the city park. These duplexes are all currently leased. Each unit features a 3 bedroom, 2 bath with comfortable living spaces of 1288 sq ft per unit. Each unit has a split primary bedroom arrangement, tile flooring, granite countertops in the kitchen and bath and some have carpet in the bedrooms. Primary bedroom/bath have double sinks in the bath and large walk-in closet. All four buildings received a new 30 year architectural roofs in July of 2022. Tenants pay all utilities and yard maintenance is provided by owner. There are current leases on all units and are leased at 1,500 per month. Don't miss the chance to own these well-maintained, income-generating duplexes in Hallsville ISD!

Investor Tools

$910,539Estimated Mortgage Balance
$525,461Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Kelli Clayton

Clayton Realty Solutions

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,944
$1,040,835
2025
$27,750
$1,013,085
$1,040,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,944
$1,040,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
Commercial
$966,875
No
First
Mar 31, 2023
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$910,539
$525,461
36%
63%
$5,797/mo

City: Hallsville

206 N Chestnut St | Property Details | No Agent List