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$298,000

NAL Estimated Property Value

308 Market St W, Honey Grove, TX, 75446

$349,732 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,394 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$30.94 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size17,603 sqft

Building Information

Year Built1927

Land Information

APN94928
Lot Number127,128
Land UseResidential
Legal DescriptionCITY OF HONEY GROVE ADDN, BLOCK 17, LOT 127-128
Census Tract950100
Assessed Land Value$28,340
Assessed Improvement Value$125,930
Assessment Year2025

About this property

PRICED TO SELL!!! All the hard stuff is done and you can finish the cosmetic to your taste! 12 foot ceilings and impressive pocket doors add to the charm. Formal entry and large living room. Formal dining and a fantastic kitchen and cabinet space. Stained glass front door and a wrap around porch. Bedrooms are all large and inviting. Floor plan allows for multiple uses. Upstairs can be used as is for excellent storage but there is room for two more bedrooms and a bath or media room or any combination to fit your needs. Hardy board siding on the exterior and a large backyard sitting on a corner lot. Not far from the new Bois d'Arc lake and the quaint downtown area. One of a kind at an amazing price.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$80,938Estimated Mortgage Balance
$217,062Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$349,731
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,653
$154,270
2025
$28,340
$125,930
$154,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,653
$154,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$91,665
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,938
$217,062
72%
27%
$550/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: Honey Grove

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308 Market St W | Property Details | No Agent List