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$259,000

NAL Estimated Property Value

295 N Terry Dr, Slaton, TX, 79364

$270,476 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,873 Sq Ft
price_per_sqft$62.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Concrete

Exterior

Lot Size11,100 sqft

Building Information

Year Built1978
Roof Type114
Garage Spaces529

Land Information

APNR137048
Lot Number10
SubdivisionRussell
Land UseResidential
Legal DescriptionRUSSELL BLK 5 L 1 & N23'OF 2
Census Tract010601
Assessed Land Value$18,000
Assessed Improvement Value$211,700
Assessment Year2025

About this property

Check out this super cute and spacious home in Slaton located in a fabulous neighborhood within walking distance of the schools and close to shopping! This 3/2/2 plus a basement is the perfect home for families!!! This house is ideal for entertaining and features an open floor plan, 2 eating areas, 2 living areas, oversized rooms, and abundant storage! The basement has 2 closets making it easy to use as an extra bedroom, playroom, or media room! The backyard also has a great sized storage building! Come enjoy your West Texas nights relaxing on the back patio watching the sunset! A MUST see in Slaton!!

Investor Tools

Property Icon
$259,000
Estimated Property Value
$243,283Estimated Mortgage Balance
$15,717Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$270,476
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,851
$229,700
2025
$18,000
$211,700
$229,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,851
$229,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$250,377
Yes
First
Apr 17, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,283
$15,717
6%
94%
$1,548/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,220/mo
$1,548/mo
$-328/mo
5.7%

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: Slaton

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295 N Terry Dr | Property Details | No Agent List