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$162,000

NAL Estimated Property Value

307 N Gordon Drive, Crockett, TX, 75835

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,631 Sq Ft
price_per_sqft$122.01 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size36,634 sqft

Building Information

Year Built1942

Land Information

APN054700004000000000000
Lot Number2
SubdivisionKelly Addn
Land UseResidential
Legal DescriptionKELLY ADDN LOT 2 .843 AC
Census Tract950300
Assessed Land Value$12,190
Assessed Improvement Value$87,600
Assessment Year2025

About this property

This well-maintained cottage offers so much! It is move-in ready! It has a new roof, completely replumbed with pex pipe installed by professional plumber, the foundation has recently been leveled and needed repairs completed by East Texas Slab Masters, the electrical system has been updated, storm windows are installed over the original windows and there is fresh paint throughout, plus many other updates. The original wood floors are in place through much of the home and luxury vinyl plank in the remaining areas. Natural light floods the home through the many large windows and welcomes you into the open living and dining area, there are two large bedrooms plus a sunroom that could serve as a third bedroom or office space, as well as two bathrooms. The country kitchen has a large window overlooking the pretty back patio and expansive backyard with room for a garden and fenced area in place that could work for pets. There are beautiful mature pecan and oak trees in the yard. Call today!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$134,772Estimated Mortgage Balance
$27,228Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$425
$99,790
2025
$12,190
$87,600
$99,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$425
$99,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$140,250
No
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,772
$27,228
16%
83%
$841/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: Crockett

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