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Days42Days on Market
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$119,000

$135,000

218 W Ash, Carthage, TX, 75633

$154,700 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,491 Sq Ft
price_per_sqft$79.81 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Electric Range, Electric Oven

Exterior

Lot Size26,288 sqft

Building Information

Year Built1928

Land Information

APN4381
Lot Number5
Land UseResidential
Legal DescriptionBLK 208 LT 5
Census Tract950402
Assessed Land Value$45,800
Assessed Improvement Value$62,960
Assessment Year2025

About this property

Located on an oversized 0.60-acre corner lot, this 3-bedroom, 2-bath home offers approximately 1,491 square feet and plenty of potential for investors, flippers, or buyers looking for their next project. According to the seller, several major improvements have already been completed, including new electrical wiring, new plumbing, new outlets and switches, a new electric meter, a new breaker box, updated windows in some areas, and new insulation. These updates provide a strong foundation for future improvements. The home will still require some renovation and foundation repairs and is being sold as-is. With ample space on the oversized lot, there are opportunities to enhance, expand, or customize the property to fit your vision. Whether you're looking for an investment property, a renovation project, or a home with room to add value, this property offers plenty of possibilities. Bring your ideas and make it your own. Seller is reviewing all offers, and will consider doing an owner finance.

Investor Tools

$49,335Estimated Mortgage Balance
$92,665Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

Interested in this property?

Julie Groves

903 Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,676
$108,760
2025
$45,800
$62,960
$108,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,676
$108,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank Of Jacksonville
Unknown
$56,950
No
First
Aug 30, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,335
$92,665
65%
35%
$342/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: Carthage

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218 W Ash | Property Details | No Agent List