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$312,000

NAL Estimated Property Value

308 W 1st St, Springtown, TX, 76082

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
price_per_sqft$250 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringLaminate, Wood

Exterior

Exterior FeaturesAwning(s)
Lot Size1.68 acres

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN20140-008-000-00
Land UseResidential
Legal DescriptionACRES: 1.677 ABST: 140 SURVEY: B B B & C R R CO TR: BLK: SURV: B B B & C R R CO
Census Tract140403
Assessed Land Value$55,000
Assessed Improvement Value$167,880
Assessment Year2025

About this property

Charming farmhouse on 1.67 fully fenced acres just minutes from town. This 3 bedroom, 2 bathroom home offers beautiful stained hardwood floors, updated bathrooms, a welcoming living room, and a cozy kitchen overlooking the backyard and acreage beyond. Outside, find some gorgeous mature trees, plenty of room to play, garden, bring animals, or simply enjoy having space of your own. The large covered back porch and patio is the perfect spot to relax, entertain, and take in the peaceful setting. The property also includes a shop and covered equipment or livestock shelter, offering flexibility for hobbies, storage, or agricultural use. Conveniently located within walking distance of the town square, parks, restaurants, and shopping, this property combines the charm of country living with the convenience of being close to everything.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$337,424Estimated Mortgage Balance
$143,623Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$222,880
2025
$55,000
$167,880
$222,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$222,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$188,000
No
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,424
N/A
0%
108%
$2,256/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: Springtown

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308 W 1st St | Property Details | No Agent List