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$235,000

NAL Estimated Property Value

216 Collins Drive, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.94 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size10,123 sqft

Building Information

Year Built1965
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0220.0003.0018.00.06.06
Lot Number18
SubdivisionBivins 1st
Land UseResidential
Legal DescriptionBIVINS 1ST BLOCK C LOT 18
Census Tract050300
Assessed Land Value$65,000
Assessed Improvement Value$158,102
Assessment Year2025

About this property

MULTIPLE OFFERS!! Highest and Best deadline, Thursday, April 30th at 5 PM. WELCOME HOME! This spacious home on a large lot is located in a great established neighborhood close to schools and parks. Step inside this 3 bedroom 2 bath home with the master down. The kitchen is ready for the next Chef featuring a gas cook top with a large amount of cabinets, counters, and an eat in dining area. Large living room makes a wonderful space for gatherings of family and friends. The large fenced backyard is perfect for outdoor entertaining. Amenities include a 2019 roof and storage shed. No survey for the property.

Investor Tools

Property Icon
$235,000
Estimated Property Value
$119,114Estimated Mortgage Balance
$115,886Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,455
$219,336
2025
$65,000
$158,102
$223,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,455
$219,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$134,900
No
First
May 28, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,114
$115,886
49%
51%
$809/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.

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: Terrell

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216 Collins Drive | Property Details | No Agent List