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$141,000

NAL Estimated Property Value

308 Barnes St, Fairfield, TX, 75840

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.33 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,106 sqft

Building Information

Year Built2004

Land Information

APN28190-00008-00000-000000
Land UseResidential
Legal DescriptionTYUS ADDN FAIRFIELD LOT 8
Census Tract000300
Assessed Land Value$6,369
Assessed Improvement Value$99,666
Assessment Year2025

About this property

This charming brick home sits on a spacious corner lot and offers great curb appeal with stone accents and cedar shutters. Inside, you’ll find a practical layout with 3 bedrooms and 2 bathrooms, plus an open-concept layout that makes the home feel warm and inviting. The kitchen includes an island, pantry, and all kitchen appliances convey—ready for move-in! Tile floors run throughout the home for easy maintenance, and you can tell this home has been well cared for. Out back, there’s a huge fenced yard with plenty of room to play or garden, plus two storage buildings—one of which is less than 2 years old. Whole home security system valued at $2,250 will convey with the property, buyer just needs to connect service! A covered carport adds to the convenience.Whether you're just starting out, looking to downsize, or want a smart investment, this one checks all the boxes. Make your appointment to see this one while you still can!

Investor Tools

Property Icon
$141,000
Estimated Property Value
$78,592Estimated Mortgage Balance
$62,408Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,899
$106,035
2025
$6,369
$99,666
$106,035
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,899
$106,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$80,000
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,592
$62,408
44%
56%
$480/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: Fairfield

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308 Barnes St | Property Details | No Agent List