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$236,000

375 W 2nd St, Rhome, TX, 76078

$250,252 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.87 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size10,498 sqft

Building Information

Year Built1980
Stories1
Roof Type158
Garage Spaces1

Land Information

APNS2595.0281.00
Lot Number3
SubdivisionOriginal Town Rhome
Land UseResidential
Legal DescriptionLOT 3 BLK 26 ORIGINAL TOWN RHOME
Census Tract150606
Assessment Year2025

About this property

This charming home offers a fantastic value and the chance to add your personal touch. Step into a cozy living-dining room combo that creates a welcoming space for everyday living. The spacious primary bedroom provides a peaceful retreat, while a second, smaller living area offers versatility—perfect for a game room, home office, or an extra TV room. Ideal for buyers looking for an affordable home they can customize, this property is full of potential. Two bedrooms already feature fresh paint, giving you a head start on updates. Foundation repair estimates are available for review, offering full transparency as you plan your improvements. Whether you're a first-time homebuyer, investor, or simply looking for a project, this is your opportunity to own a home in Rhome at a great price. Come see the potential and imagine the possibilities!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$232,750Estimated Mortgage Balance
$7,348Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,251
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,778
$222,664
2025
N/A
N/A
$236,442
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,778
$222,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$232,750
No
First
May 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,652
$7,348
3%
97%
$1,396/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.

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: Rhome

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375 W 2nd St | Property Details | No Agent List