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$415,000

207 Shorty Lane, Italy, TX, 76651

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,579 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.82 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size25.65 acres

Building Information

Year Built1996
Stories2
Garage Spaces4

Land Information

APN99.0429.000.015.99.107
SubdivisionE D Harrsion
Land UseResidential
Legal Description429 E D HARRISON LOCKED GATE 25.653 ACRES
Census Tract061000
Assessment Year2025

About this property

BACK ON THE MARKET. Ready for the country, but not the long drive? This is for you, easy and quick access to local shopping and major highway. Cute home sits on just over 25 acres and is move in ready. Bring the horses, cattle or whatever you want. Sit on your covered side deck or front and enjoy the peace and quite. Workshop has concrete flooring and electricity. This will be your own little piece of heaven. The master is upstairs but there is also a large room downstairs if you prefer to send the teenager upstairs.

Investor Tools

Property Icon
$429,000
Estimated Property Value
$0Estimated Mortgage Balance
$80,852Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,464
$259,128
2025
N/A
N/A
$647,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,464
$259,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$389,500
No
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,148
$80,852
18%
81%
$2,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,336/mo
$-364/mo
5.5%

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: Italy

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