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$380,000

NAL Estimated Property Value

316 E Short St, Leonard, TX, 75452

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.08 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard
Lot Size15,581 sqft

Building Information

Year Built1990
Garage Spaces3

Land Information

APN90472
Lot Number8
Land UseResidential
Legal DescriptionWATSON ADDN, BLOCK 2, LOT 8
Census Tract950701
Assessed Land Value$91,150
Assessed Improvement Value$288,850
Assessment Year2025

About this property

SPECIAL FINANCING AVAILABLE so you can own this Charming Ranch-Style Home in Leonard, TX Located on a spacious 0.358-acre corner lot, this beautifully updated 4-bedroom, 2.5-bathroom home offers 2,372 sq ft of comfortable living space. The inviting ranch-style design features an open layout with hardwood floors, fresh paint, and a cozy fireplace in the living room. The fully equipped kitchen is a chef’s dream with electric cooktop, oven, and microwave. You’ll love the added bonus of a 21x17 garage or workshop with a 10x7 garage door, perfect for projects or additional storage. Step outside to enjoy the large backyard, featuring a covered porch, fire pit, and ample space for outdoor entertaining. The home is ideally located with easy access to Hwy 69 for a quick commute to nearby amenities and attractions. With nearly new roofing and updated fixtures, this property is move-in ready and waiting for you to make it your own. Appraised at $380,000, this property is an incredible value! Schedule a showing today! **SPECIAL BUY DOWN FINANCING AVAILABLE** This house is move-in ready waiting for you. Call now!

Investor Tools

Property Icon
$380,000
Estimated Property Value
$335,802Estimated Mortgage Balance
$44,198Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,191
$380,000
2025
$91,150
$288,850
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,191
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$340,786
Yes
First
Jul 28, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,802
$44,198
11%
88%
$2,044/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: Leonard

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316 E Short St | Property Details | No Agent List