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$240,393

NAL Estimated Property Value

302 Gibson St, Whitehouse, TX, 75791

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,470 Sq Ft
price_per_sqft$110.88 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Water Heater

Exterior

Lot Size26,746 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces3

Land Information

APN1-55160-0001-00-005000
Lot Number5
SubdivisionTomlin
Land UseResidential
Legal DescriptionTOMLIN BLOCK 1 LOT 5
Census Tract002200
Assessed Land Value$100,268
Assessed Improvement Value$140,125
Assessment Year2025

About this property

Cozy home in a great location and an established neighborhood that would be a great investment property or with a few updates make it your own. 3/1/2, original hardwoods under carpet, nice size fenced back yard with a double gate on south side of the house. Shed in backyard. Large storage room in the garage. Hardwood floors under carpet, except in the den. The house is pier and beam and partial slab. Price reflects updates needed.

Investor Tools

Property Icon
$240,393
Estimated Property Value
$144,726Estimated Mortgage Balance
$95,667Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,442 /month
Positive
Cash Flow Estimate:
$481 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$442
$240,393
2025
$100,268
$140,125
$240,393
No

Tax History

Year
Tax Paid
Assessed Value
2025
$442
$240,393

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hallmark Home Mortgage Llc
Conventional
$148,000
No
First
Feb 19, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,726
$95,667
39%
60%
$888/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: Whitehouse

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302 Gibson St | Property Details | No Agent List