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$285,000

2605 Mcdearmon St, Sachse, TX, 75048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.81 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size14,850 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN48002500020080000
Lot Number7-8,8
SubdivisionHillside
Land UseResidential
Legal DescriptionHILLSIDE BLK 2 LT 8 & PT LT 7 ACS 0.341 INT202400169257 DD08152024 CO-DC 0025000200800 1CK00250002
Census Tract019051
Assessed Land Value$193,050
Assessed Improvement Value$27,950
Assessment Year2025

About this property

Best & Final due by noon on Sunday 8.4.24. Welcome to your charming new retreat! Nestled on a spacious .34-acre lot, this adorable home is perfect for new families or those looking to downsize. With its cozy layout, you'll find comfort and potential in every corner. The property features ample outdoor space for gardening, play, or simply relaxing in nature. Inside, you'll discover a warm atmosphere waiting for your personal touch. While the home does need a bit of TLC, it offers a fantastic opportunity to make it truly yours. Garage can be converted back. Don't miss out on this gem with endless possibilities. Located 2 block from Hwy 78 and near Geo Bush Tollway.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$98,188Estimated Mortgage Balance
$207,433Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,663
$221,000
2025
$193,050
$27,950
$221,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,663
$221,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Fha
$98,188
Yes
First
Jun 23, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,567
$207,433
72%
27%
$589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$589/mo
+$1,871/mo
10.4%

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: Sachse

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2605 Mcdearmon St | Property Details | No Agent List