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$299,500

212 Richards, Italy, TX, 76651

$316,647 ARVInfo
Off MarketInfo
Beds6 Beds
Baths2 Bath
Baths2,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.53 / sqft
Year BuiltBuilt in 1913

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Range, Microwave, Double Oven
FlooringCarpet, Wood

Exterior

Lot Size1.08 acres

Building Information

Year Built1913
Stories2
Roof Type105
Garage Spaces2

Land Information

APN45.7520.009.003.00.107
Lot Number1, 3-6
SubdivisionPrice Italy
Land UseResidential
Legal DescriptionLOT PT 1 & 3-6 BLK P PRICE ITALY 1.077 AC
Census Tract061000
Assessed Land Value$80,000
Assessed Improvement Value$349,235
Assessment Year2025

About this property

Prairie style spacious family home located in the quaint town of Italy. 5 bdrms, 2 baths, 2liv, lrg formal dining. Home sits on just over an acre lot. Beautiful original hard wood floors downtstairs & woodwork. The layout of the home allows alots for rooms to be used for your needs, bedrooms or office, etc. The 3 downstairs rms have closets; 2 rms have original fireplaces with beautiful original fireplaces, mantals & tile work...fireplaces have been capped. Electric heater inserts for each fireplace. Roof approx 1 yr ago, central heat & air units approx 5 yrs old. Windows recently replaced, foundation, eletrical & plumbing have been updated. This home is waiting your personal cosmetic finishes throughout. Welcoming foyer shiplap walls and also large mud room at the back of the home, access to lrg fenced backyard. This home could be quite the show place personal touches. Property large enought to cut off back of property j& sale or build a workshop, access off Derrs Chapel.

Investor Tools

Property Icon
$299,517
Estimated Property Value
$285,000Estimated Mortgage Balance
$17,420Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$316,646
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,797 /month
Positive
Cash Flow Estimate:
$599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,039
$299,517
2025
$80,000
$349,235
$429,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,039
$299,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$285,000
No
First
Oct 6, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,097
$17,420
5%
94%
$1,709/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: Italy

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212 Richards | Property Details | No Agent List