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$235,000

316 Thompson Dr, Saginaw, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.89 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop
FlooringVinyl

Exterior

Lot Size7,427 sqft

Building Information

Year Built1962
Stories1
Garage Spaces1

Land Information

APN33470-6-34
Lot Number34
SubdivisionRancho North Addition
Land UseResidential
Legal DescriptionRANCHO NORTH ADDITION BLOCK 6 LOT 34
Census Tract114006
Assessed Land Value$55,000
Assessed Improvement Value$156,878
Assessment Year2025

About this property

Welcome to this sweet and inviting home nestled in an established neighborhood filled with mature trees and friendly charm. Built in 1962 and lovingly maintained, this 3-bedroom, 1.5-bath gem is move-in ready with fresh new paint, beautiful new vinyl flooring throughout, new HVAC and ductwork, and a West Shore shower remodel. Whether you're a first-time homebuyer or looking to downsize, this home offers just the right blend of comfort, character, and potential. You'll immediately feel the warmth of a home that has had generations of memories and love poured into it--now it's your turn to make new memories! Enjoy the peaceful setting, the spacious yard, and the chance to make this home truly yours with your personal touches. GPS Friendly, from 287 business, turn on W Southern Ave, Right on Thompson Dr, property is on the left, sign is in the yard.

Investor Tools

Property Icon
$227,000
Estimated Property Value
$225,834Estimated Mortgage Balance
$3,799Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$444
$211,878
2025
$55,000
$156,878
$211,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
$444
$211,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$225,834
Yes
First
Sep 8, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,201
$3,799
1%
98%
$1,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,354/mo
+$1,356/mo
14.3%

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: Saginaw

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