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$182,833

NAL Estimated Property Value

225 E Main St, Bishop, TX, 78343

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,928 Sq Ft
price_per_sqft$34.15 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringOther

Exterior

Exterior FeaturesOther
Lot Size11,151 sqft

Building Information

Year Built1946
Roof Type105
Garage Spaces3

Land Information

APN0696-0010-0010
Lot Number1-2
SubdivisionBishop T/S
Land UseResidential
Legal DescriptionBISHOP T/S LTS 1 & 2 BLK 10 & ADJ STREETS
Census Tract006100
Assessed Land Value$11,510
Assessed Improvement Value$171,323
Assessment Year2025

About this property

For Sale - 223 & 225 E Main St, Bishop, TX 78343. .45 of an acre combined. ( Two established tax ID#s , 4 lots, 3 houses on corner ) Owner Finance at $100,000 * ask for owner finance details). Expansive property featuring a 3-bedroom, 2-bathroom set on corner lot. Recently updated kitchen and roof enhance the charm of the main residence. There are two other living structures that need work located on both lots. Opportunity to renovate and collect rent or have other structures for family or friends. Two more 1 bed 1 bath sold "AS IS"

Investor Tools

Property Icon
$182,833
Estimated Property Value
$0Estimated Mortgage Balance
$182,833Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,097 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,379
$182,833
2025
$11,510
$171,323
$182,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,379
$182,833

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,833
100%
0%
$0/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: Bishop

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225 E Main St | Property Details | No Agent List