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$139,000

304 N Catherine St, Terrell, TX, 75160

On MarketInfo
Just AddedInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$67.61 / sqft
Year BuiltBuilt in 1915

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Heating GasHeating Gas
AppliancesRefrigerator
FlooringHardwood, Laminate

Exterior

Exterior FeaturesAwning(s)
Lot Size6,874 sqft

Building Information

Year Built1915
Stories1
Roof Type105

Land Information

APN00.3710.0062.0003.00.06.06
Lot Number3A
SubdivisionTerrell Original
Land UseCommercial
Legal DescriptionTERRELL ORIGINAL BLOCK 62 LOT 3A
Census Tract050401
Assessed Land Value$27,500
Assessed Improvement Value$124,431
Assessment Year2025

About this property

INVESTOR ALERT: Built in 1915, this historic property sits three blocks from downtown Terrell shops and dining. This residence and previous retail shop features shiplap walls, select original hardwood flooring, and timeless architecture. The property requires significant TLC and a complete renovation of the bathroom and kitchen. There are foundation and structural issues, especially at the rear of the structure. The back deck will need to be completely removed or rebuilt. However, major system updates were completed around 2015, including fresh paint, a wooden privacy fence, replaced roof, added insulation, electrical wiring and modern ceiling fans installed throughout, giving you a massive head start on your mechanicals. Bring your contractor and your vision to bring this 1915 treasure back to life with limitless possibilities for a live-work space, a small business venture, or a full historic home restoration.

Investor Tools

$136,197Estimated Mortgage Balance
$12,425Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$892 /month
Positive
Cash Flow Estimate:
$297 /month

Interested in this property?

Stacey Leigh

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,602
$148,622
2025
$27,500
$124,431
$151,931
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,602
$148,622

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Beverly Wallace Burr
Seller Carryback / Seller Financing / Seller Take-Back
$150,000
No
First
Nov 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,197
$12,425
8%
92%
$900/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: Terrell

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304 N Catherine St | Property Details | No Agent List