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$361,000

NAL Estimated Property Value

2507 Shepard Ln, Corinth, TX, 76210

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.04 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,064 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR193177
Lot Number2
SubdivisionMeadow Oaks Ph I
Land UseResidential
Legal DescriptionMEADOW OAKS PH I BLK 3 LOT 2
Census Tract021419
Assessed Land Value$74,272
Assessed Improvement Value$283,737
Assessment Year2025

About this property

Updated and Move in Ready 1 story 3 bedroom home with Separate Office nestled in the Meadow Oaks community of Corinth. 2018 HVAC. Updated Light Fixtures and Ceiling Fans throughout. This beautiful home offers a spacious open floor plan with 2023 paint throughout and laminate flooring. Formal dining room showcases updated lighting and laminate flooring.The chef's kitchen features granite counters, stainless steel appliances and a breakfast nook. Located just off the kitchen, the cozy family room boasts a corner fireplace w a gas starter. Enclosed by French doors, the private study includes laminate flooring.The primary bedroom is a relaxing retreat w plush carpet and French doors leading to an ensuite boasting a 2022 remodeled walk in shower and walk in closet.Generously sized secondary bedrooms feature plush carpet.Separate utility room.Featuring a patio, the backyard is the perfect spot to spend time w friends and family.Neighborhood amenities include a park w a playground.

Investor Tools

Property Icon
$361,000
Estimated Property Value
$300,609Estimated Mortgage Balance
$60,391Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,879
$358,009
2025
$74,272
$283,737
$358,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,879
$358,009

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$315,425
Yes
First
Oct 4, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,609
$60,391
16%
83%
$1,892/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$2,072/mo
+$318/mo
7.9%

City: Corinth

2507 Shepard Ln | Property Details | No Agent List