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$60,000

309 State Highway 34, Italy, TX, 76651

$78,000 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.63 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
CoolingCooling
AppliancesNone

Exterior

Lot Size6,360 sqft

Building Information

Year Built1959
Stories1
Roof Type105

Land Information

APN45.2001.026.003.00.107
Lot Number3
SubdivisionO T Italy-Rev
Land UseResidential
Legal DescriptionLOT 3 BLK 26 O T ITALY-REV 0.1460 AC
Census Tract061000
Assessed Land Value$50,000
Assessed Improvement Value$13,298
Assessment Year2025

About this property

Why pay rent when you can own your on home for less per month. This small frame home, needs some TLC but would make a great rental or first time home owner.

Investor Tools

Property Icon
$139,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$78,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,005
$63,298
2025
$50,000
$13,298
$63,298
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,005
$63,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Usda
$156,565
Yes
First
Feb 4, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,102
N/A
0%
110%
$939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$939/mo
+$1,033/mo
17.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Italy

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309 State Highway 34 | Property Details | No Agent List