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$303,854

NAL Estimated Property Value

305 N Main Street, Meridian, TX, 76665

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,218 Sq Ft
price_per_sqft$133 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Oven, Electric Range
FlooringTile, Wood

Building Information

Year Built1981

Land Information

APNR20678
Lot Number1
Land UseResidential
Legal DescriptionMERIDIAN OT/ A454 A650 A440 & A450 BLOCK 29 LOT 1(NW/PT) & 2(N/PT) ACRES 0.438
Census Tract950200
Assessed Land Value$62,146
Assessed Improvement Value$241,708
Assessment Year2025

About this property

Spacious home located in the quaint town of Meridian. Located in historical OLD TOWN on Main Street providing LOCATION LOCATION LOCATION!!! Bring your ideas and turn this spacious home into your dream home. Open Concept, four bedrooms, 2.5 baths. Open concept features large living room with built ins. Spacious primary suite with walk in closet and tiled shower. Additional very large bedroom with half bath could also be used at hobby room, nursery, office or library, game room or mother in law suite. Stainless appliances in the kitchen with double oven. Beautiful lawn with mature trees, a huge magnolia, covered patio, garden area and shop provide your outdoor enjoyment. Information provided deemed reliable but not guaranteed. Verification of all information is responsibility of buyer and buyer’s agent.

Investor Tools

Property Icon
$303,854
Estimated Property Value
$58,888Estimated Mortgage Balance
$244,966Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,823 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,926
$303,854
2025
$62,146
$241,708
$303,854
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,926
$303,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gaye Lynn Hickman
Purchase Money Mortgage
$70,000
No
First
Jul 25, 2018
Apr 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,888
$244,966
80%
19%
$420/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: Meridian

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