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$299,000

400 N Parker St, Carthage, TX, 75633

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size30,666 sqft

Land Information

APN14572
Lot Number1,4-5
Land UseResidential
Legal DescriptionBLK 98 LT 5,S/2 LT 4 BLK 103 N 44 LT 1 P-5
Census Tract950402
Assessed Land Value$70,300
Assessment Year2025

About this property

Prime investment opportunity! This approximate 3.2 acres of vacant land with huge upside potential is ideally located in a prime location for a housing development and more! Zoned Commercial (GB-2) and is situated next door to 3 national fast food chain restaurants. Ideally located with easy access via Parker St., as well as immediate access to major highways, including US-79, US-59, TX-149 & TX-315 via loop in Carthage. Situated right across from Carthage High School. Suitable for multiple purposes including but not limited to, Single and/or Multi-Family residences, retail/shopping centers, restaurant or any commercial project. Call to get started on your new adventure!

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$210,068Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Carolyn Cagle

Coldwell Banker Home Place - Carthage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$815
$70,300
2025
$70,300
N/A
$70,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$815
$70,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Credit Line (Revolving) / Heloc
$44,400
No
First
Oct 17, 2005
Nov 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,932
$210,068
91%
9%
$267/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: Carthage

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400 N Parker St | Property Details | No Agent List