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$2,800

309 S Washington St, Pilot Point, TX, 76258

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,239 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.26 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size10,001 sqft

Building Information

Year Built1959
Stories1
Roof Type105

Land Information

APNR39638
Lot Number1
SubdivisionWhite
Land UseResidential
Legal DescriptionWHITE BLK 19 LOT 1(S100' OF W100')
Census Tract020118
Assessed Land Value$67,500
Assessed Improvement Value$129,652
Assessment Year2025

About this property

This is fully furnished three bedroom, 2 full bath home. Newly remodeled kitchen and bathrooms. This has a cute open floor plan with large windows to the backyard. Pets are welcome. Usage of the metal storage building upon request. This home sits just 1 block from downtown Pilot Point, which includes the square, restaurants, and the city park, all within walking distance. Please contact listing agent for more information regarding length of lease and utilities.

Investor Tools

$274,228Estimated Mortgage Balance
$224,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

Interested in this property?

Morgan Stone

New Home DFW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,768
$197,152
2025
$67,500
$129,652
$197,152
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,768
$197,152

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun Mortgage Funding Inc
Stand Alone First / Home Equity First Lien
$280,000
No
First
Mar 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,228
N/A
0%
122%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,679/mo
+$293/mo
10.6%

City: Pilot Point