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$164,430

315 Johnson St, Wilmer, TX, 75172

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.19 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile, Vinyl

Exterior

Lot Size7,802 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN54006500010040000
Lot Number4
SubdivisionKissell Dale
Land UseResidential
Legal DescriptionKISSELL DALE 1 BLK 1 LT 4 INT201100164512 D06202011 CO-DC 0065000100400 4CT00650001
Census Tract016903
Assessed Land Value$50,000
Assessed Improvement Value$114,430
Assessment Year2025

About this property

INVESTORS - DIY SPECIAL! 2BR, 1BA home on a corner lot in Wilmer. In fine overall condition for an as-is property, featuring recently remodeled bath with tile tub surround, tile flooring throughout (except kitchen), and tankless water heater. Large backyard with 6-ft privacy fence—perfect for pets or entertaining. Easy access to highway and downtown Wilmer. Great opportunity to add value!

Investor Tools

Property Icon
$164,430
Estimated Property Value
$85,600Estimated Mortgage Balance
$79,450Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$987 /month
Positive
Cash Flow Estimate:
$329 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,590
$164,430
2025
$50,000
$114,430
$164,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,590
$164,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$85,600
No
First
Dec 11, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,980
$79,450
48%
52%
$514/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$514/mo
+$1,051/mo
11.4%

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: Wilmer

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315 Johnson St | Property Details | No Agent List