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$172,500

320 Avalon Rd, Italy, TX, 76651

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.79 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringVinyl, Wood

Exterior

Lot Size11,108 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN45.2001.034.003.02.107
SubdivisionO T Italy-Rev
Land UseResidential
Legal Description3B 330 34 O T ITALY E C SCHOOL LAND 0.255 ACRES
Census Tract061000
Assessed Land Value$67,500
Assessed Improvement Value$139,440
Assessment Year2025

About this property

Cute 2bdrm, 1 bath home. Cheaper than rent, own your own home. Wood floors throughout except bathroom and kitchen. Bathroom has been remodled. Large covered back porch. Workshop in backyard has concrete flooring and electricity could be used for potting shed, she shed or man's workshop. Walking distance to high school. Roof replaced 2020.

Investor Tools

Property Icon
$198,881
Estimated Property Value
$185,576Estimated Mortgage Balance
$23,514Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,193 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,278
$198,881
2025
$67,500
$139,440
$206,940
No

Tax History

Year
Tax Paid
Assessed Value
2018
$1,278
$198,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$185,576
Yes
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,367
$23,514
11%
88%
$1,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,113/mo
+$452/mo
9.4%

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: Italy

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