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$19,000

NAL Estimated Property Value

255 NW 2nd Street, Detroit, TX, 75436

Off MarketInfo
Baths0 Bath
Baths1,200 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14,505 sqft

Building Information

Year Built1931

Land Information

APN0-13090-03800-0020-00
Lot Number2,3
Land UseResidential
Legal DescriptionORIGINAL-DET, BLOCK 38, LOT 2-3 TC-24 0.333 ACRES
Census Tract950700
Assessed Land Value$1,530
Assessment Year2025

About this property

Beautiful lot with several large trees ready for a home, a duplex, a barndominium, or MFH, you decide. It is located just a few blocks from downtown Detroit and several homes in the area. City Utilities along street and electricity on the property boundary. Detroit has a lot to offer for small country town: a bank, U. S. Post Office, Dollar General, CJ's Cafe, Detroit Meat Market and Processing Plant, Whistle Stop Inn Bed and Breakfast, Get and Go Convenience Store, a laundry mat, several churches, Detroit ISD, Detroit Auto Center, Volunteer Fire Department, 410 Water Supply Cooperative, Optimum Cable TV and Internet Services, Shops at Signors, and more. Detroit is about 14 miles from Paris, TX, 16 miles to Clarksville, 53 miles to Broken Bow, Ok, 61 miles to Hochatown, Ok, 60 miles to Texarkana, and 36 miles to Choctaw Casino and Resort, Grant, OK. Come check it out!

Investor Tools

Property Icon
$19,000
Estimated Property Value
$0Estimated Mortgage Balance
$19,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$9/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11
$1,530
2025
$1,530
N/A
$1,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11
$1,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$19,000
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.

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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: Detroit

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255 NW 2nd Street | Property Details | No Agent List