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$166,000

NAL Estimated Property Value

2416 Second St, Caddo Mills, TX, 75135

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size22,799 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3645-0010-0030-12
Lot Number3
SubdivisionInterurban Addition (Caddo Mills)
Land UseReal Land/Res Single Family Subdivisions
Legal DescriptionS3645 INTERURBAN ADDITION (CADDO MILLS) BLK 1 LOT 3 ACRES .5234 (120X190) (120X190)
Census Tract961402
Assessed Land Value$76,610
Assessed Improvement Value$88,910
Assessment Year2025

About this property

This property is unique because of its size, location and the utilities available. There used to be a main home in front of the current home. It burnt down, which is when the guest home because the main home you see in the pictures. There are still utilities available for a home to be rebuilt in front of the current home. The possibilities are endless. If the current home fits your needs, you will get to enjoy an economically sustainable home on a large city lot close to dining and shopping! With a new privacy fence and front porch just installed, it would also make a great AirBnb! Come see it today before it’s gone! Caddo Mills is hard to buy into at this price range so it will go fast! The school district here alone makes this a wise purchase for anyone looking to live here or get into an investment property!

Investor Tools

Property Icon
$166,000
Estimated Property Value
$167,962Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,759
$165,520
2025
$76,610
$88,910
$165,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,759
$165,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$172,563
No
First
May 11, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,962
N/A
0%
101%
$1,067/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: Caddo Mills

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2416 Second St | Property Details | No Agent List