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$123,000

2616 Texas Street, Wharton, TX, 77488

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.63 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size7,501 sqft

Building Information

Year Built1940

Land Information

APN16384
Lot Number8
SubdivisionHawes 4th
Land UseResidential
Legal DescriptionHAWES 4TH BLOCK 15 LOT 8
Census Tract740500
Assessed Land Value$16,500
Assessed Improvement Value$101,888
Assessment Year2025

About this property

Completely Renovated and ready for you to move in. This cute Wharton home has been taken down to the studs and redone. New flooring, Fresh paint inside and out side, new kitchen and bathroom, new roof and new electrical. New everything! The kitchen is gorgeous with butcher block counter tops, custom tile backsplash, new cabinets and stainless steel appliances including a dishwasher! Large primary bedroom has a big closet and ceiling fan. Second bedroom has another large closet and fan. The bathroom is light and bright with a nice bathtub and tile surround. Entire home has new Hardi board siding and a large deck in the back yard to enjoy your barbecue! Large serene wooded lot with lots of shade. Inside utility room with built in shelves for your convenience. This is a must see- look for the gray house with the red door!

Investor Tools

Property Icon
$123,000
Estimated Property Value
$0Estimated Mortgage Balance
$11,958Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$313
$47,073
2025
$16,500
$101,888
$118,388
No

Tax History

Year
Tax Paid
Assessed Value
2025
$313
$47,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$109,971
Yes
First
Feb 9, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,042
$11,958
9%
90%
$722/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: Wharton

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2616 Texas Street | Property Details | No Agent List