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$309,000

2565 Phelps Street, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.79 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size8,146 sqft

Building Information

Year Built1974
Garage Spaces2

Land Information

APNR000033842
Lot Number13
Land UseResidential
Legal DescriptionS6300 SOUTH TANGLEWOOD;, BLOCK 3;, LOT 13
Census Tract950402
Assessed Land Value$40,000
Assessed Improvement Value$270,410
Assessment Year2025

About this property

If you are looking for a modern home in an established neighborhood close to Tarleton, public schools and shopping then look no further! Three bdrm, two bath home with a two car garage plus a flex room for use as a 4th bdrm or office. UPDATED throughout to inc vinyl windows, full paint, gutters, flooring, lighting, baths and large designer kitchen with new cabinets, quartz countertops and all new appliances! Host your family and friends in the spacious living that opens to the bar seating in the kitchen. New french doors open to patio and large backyard. All the updating has been done for a move-in ready home! These updates and location are very hard to come by in growing Stephenville! Priced to sell quickly so do not delay!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$0Estimated Mortgage Balance
$312,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$310,410
2025
$40,000
$270,410
$310,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$310,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$312,000
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.

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: Stephenville

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2565 Phelps Street | Property Details | No Agent List