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$159,000

NAL Estimated Property Value

309 James St, Terrell, TX, 75160

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.46 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size7,000 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN00.3500.0000.0009.00.06.06
Lot Number9
SubdivisionStallings 2nd
Land UseResidential
Legal DescriptionSTALLINGS 2ND, LOT 9; & HOUSE & HOUSE
Census Tract050401
Assessed Land Value$45,500
Assessed Improvement Value$98,869
Assessment Year2025

About this property

Charming Updated Home with Large Lot in Terrell! Welcome to 309 James Street, an inviting and fully updated home nestled in the heart of Terrell, Texas. This 2-bedroom, 1-bath property sits on a generous lot with space to grow. Renovated in 2022 with fresh interior and exterior paint, updated flooring, modernized kitchen and bathroom, and water heater. In 2023, even more improvements were made—including a new roof, insulation under the home, privacy fencing, and appliances that convey. Open floor plan with a large quartz-topped kitchen island, perfect for entertaining or casual dining. Appliances included are stainless appliances plus stackable washer and dryer stay with the home, making it truly move-in ready. Situated on a large lot with ample room to build a garage, garden, or outdoor retreat. The owner-designed fence includes a wide gate, allowing for vehicle access to the backyard—perfect for anyone planning to add a garage or workshop. A storage building is also included for added convenience. This home has versatile potential whether you're a first-time buyer, looking to downsize, or seeking a prime rental income opportunity, this home fits the bill. Well-maintained and thoughtfully upgraded, it’s ready for its next chapter. Conveniently located close to schools, local dining, and Terrell’s historic downtown district.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$145,266Estimated Mortgage Balance
$13,734Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,097
$144,369
2025
$45,500
$98,869
$144,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,097
$144,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$147,200
No
First
Aug 26, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,266
$13,734
8%
91%
$883/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: Terrell

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309 James St | Property Details | No Agent List