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$160,000

212 Clark Street, Italy, TX, 76651

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.86 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range
FlooringHardwood, Linoleum

Exterior

Lot Size12,807 sqft

Building Information

Year Built1931
Stories1
Roof Type112
Garage Spaces2

Land Information

APN45.6100.003.004.00.107
SubdivisionLoyds Addn
Land UseResidential
Legal Description4 3 LOYDS ADDN AKA CLARKS ADDN 0.294 ACRES
Census Tract061000
Assessed Land Value$74,250
Assessed Improvement Value$137,871
Assessment Year2025

About this property

Cute 2bd, 1bath home with lots of character inside and out. Corner lot with numerous towering trees to shade from the Texas sun. Large partially fenced backyard. Small storage room for the lawn equipment, needs some TLC. Walk inside to a cute open floor plan with hardwoods throughout and linoleum in the wet areas. Master bedroom is spacious and has a nice size closet. Bathroom sits between the master and secondary bedrooms. Laundry space is just off the kitchen. This home is a great starter home for a new family or even an individual wanting their space. Conveniently located to the downtown within walking distance and across the street from the library. Home is full of charm. Seller is selling AS-IS...home is actually move in ready. Owner will need a 30 day leaseback.

Investor Tools

Property Icon
$212,121
Estimated Property Value
$0Estimated Mortgage Balance
$95,341Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,273 /month
Positive
Cash Flow Estimate:
$424 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,420
$212,121
2025
$74,250
$137,871
$212,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,420
$212,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ennis State Bank
Building Or Construction Loan
$126,000
No
First
Jun 29, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,780
$95,341
44%
55%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$756/mo
+$809/mo
8.9%

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: Italy

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212 Clark Street | Property Details | No Agent List