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$216,000

NAL Estimated Property Value

2509 County Road 2308, Sulphur Springs, TX, 75482

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,199 Sq Ft
price_per_sqft$166.39 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size31,886 sqft

Building Information

Year Built1998

Land Information

APNR000011568
SubdivisionCoy Maria J Santos Survey A-
Land UseResidential
Legal DescriptionACRES: 0.732 ABST: 0146 ABS: 146 TR: 10-04 SUR: COY MARIA J SANTOS 150X213X150X211
Census Tract950600
Assessed Land Value$23,720
Assessed Improvement Value$185,250
Assessment Year2025

About this property

Charming 3 bedroom, 2 bath home is perfect for anyone looking for a easy to maintain space with plenty of outdoor potential. The home features a spacious floor plan that makes the most of its compact design. The kitchen is efficient and functional with modern appliances and plenty of cabinet space. The 3 bedrooms are cozy, with the master bedroom having it's own bath for added convenience. The large front porch offers plenty of room to relax, enjoy the outdoors, or entertain guests. It's a great spot for a swing or a couple of rocking chairs to sit and unwind. One of the standout features of this home is the large, fully fenced-in backyard. It provides plenty of room for pets, gardening or outdoor activities. This home offers the perfect balance of comfort and practicality, with a huge bonus of outdoor space. It's a great option for first-time buyers or anyone looking for a cozy place to call home with room to grow. Plus this little gem is conveniently located near IH 30, so you have easy access to everything, whether its work, shopping or all the local spots downtown.

Investor Tools

Property Icon
$216,000
Estimated Property Value
$107,567Estimated Mortgage Balance
$108,433Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$697
$208,970
2025
$23,720
$185,250
$208,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$697
$208,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Purchase Money Mortgage
$110,000
No
First
Feb 27, 2025
Feb 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,567
$108,433
50%
50%
$660/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: Sulphur Springs

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