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$193,000

NAL Estimated Property Value

208 Smith St, Henderson, TX, 75652

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.64 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator, Gas Water Heater
FlooringHardwood, Vinyl

Exterior

Lot Size13,299 sqft

Building Information

Year Built1940
Garage Spaces1

Land Information

APN25571
Lot Number10-12
Land UseResidential
Legal DescriptionW 5 LT 10, ALL LT 11 & E 35 LT 12 BLK 9/84 MONTG SUB 2
Census Tract950800
Assessed Land Value$25,000
Assessed Improvement Value$102,930
Assessment Year2024

About this property

Tucked away in a quaint neighborhood near downtown Henderson, this charming home offers a blend of privacy, convenience, and thoughtful updates, with a 2025 complete renovation. Located just blocks from downtown, the property provides convenient access to local amenities. Inside, the home is light-filled and inviting, featuring original refinished hardwood floors, brand-new carpet in the guest bedroom, and luxury vinyl plank flooring in the kitchen. Fresh interior and exterior paint enhance the home throughout. This historic property includes built-ins such as custom shelving and bookcases, along with a cozy, cottage-style layout. The kitchen is both functional and stylish, featuring stainless steel appliances and new cabinetry with a tile backsplash and quartz countertops. Outdoors, enjoy a garage, fully fenced backyard shaded by mature trees, complete with garden beds, ambient lighting, and a cement patio that extends the living space. A rare opportunity to own a move-in ready home offering a fresh renovation, charm, and convenience in the heart of Henderson. Photos shown with and without furniture. Some photos are virtually staged to show room scale and placement potential.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$198,264Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,395
$127,930
2024
$25,000
$102,930
$127,930
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,395
$127,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$7,659
No
First
Feb 13, 2026
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,264
N/A
0%
103%
$1,194/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: Henderson

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208 Smith St | Property Details | No Agent List