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$378,000

317 Pennington Rd, Josephine, TX, 75173

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.34 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APNR-12826-000-0220-1
Lot Number22
SubdivisionMurray Manor Estates (Cjo)
Land UseResidential
Legal DescriptionMURRAY MANOR ESTATES (CJO), LOT 22
Census Tract031201
Assessed Land Value$104,500
Assessed Improvement Value$273,500
Assessment Year2025

About this property

Completely remodeled home located in Murray Manor Estates in Josephine TX. This beautiful remodel features a white painted brick exterior, Vinyl Plank floors throughout with carpet in the bedrooms. Off of the Family Room will be a bathroom and one secondary bedroom that has access to the second patio. Kitchen features white painted cabinets, granite countertops, covered patio access and Stainless Steel appliances, being the Dishwasher, the electric Range with glass cooktop and the Over the Range Microwave. The Master Bedroom is huge with walk-in closet. The Master Bathroom features a separate tub, stand alone shower, dual sinks for the vanity and a separate commode room. The utility room is spacious and features seat and cubbies. The remodel also includes a new HVAC system, new wiring, and new windows. The exterior features a full sprinkler system, full sod, landscaping, and a stained wood privacy fence. Builder has more details.

Investor Tools

Property Icon
$378,000
Estimated Property Value
$209,900Estimated Mortgage Balance
$160,884Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,175
$378,000
2025
$104,500
$273,500
$378,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,175
$378,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$209,900
No
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,116
$160,884
42%
57%
$1,367/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: Josephine

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317 Pennington Rd | Property Details | No Agent List