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B+
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Days9Days on Market
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$305,000

305 Rash Ln, Terrell, TX, 75160

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,489 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.54 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringLaminate

Exterior

Lot Size10,001 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0080.0002.0003.00.06.06
Lot Number3
SubdivisionAlcris Estates 2
Land UseResidential
Legal DescriptionALCRIS ESTATES 2, BLOCK B, LOT 3; & HOUSE & HOUSE
Census Tract050300
Assessed Land Value$80,000
Assessed Improvement Value$245,532
Assessment Year2025

About this property

A great opportunity for first-time buyers, investors, or anyone looking to add a rental property to their portfolio! This Terrell home offers comfortable living spaces, a practical layout, and plenty of potential to make it your own. The property provides an affordable entry into homeownership while also offering strong flexibility for rental use or long-term investment. Enjoy convenient access to local shopping, dining, schools, parks, and major roadways, making everyday living easy and accessible. Whether you're looking for a place to call home or a property with rental and investment potential, 305 Rash Ln is an opportunity worth exploring in the growing Terrell area.

Investor Tools

$46,445Estimated Mortgage Balance
$298,555Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Sitra Seman

Mark Spain Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,324
$310,921
2025
$80,000
$245,532
$325,532
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,324
$310,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Credit Line (Revolving) / Heloc
$113,600
No
First
Jan 31, 2005
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,445
$298,555
86%
13%
$682/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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305 Rash Ln | Property Details | No Agent List