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$236,000

NAL Estimated Property Value

400 S Main St, Crandall, TX, 75114

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.33 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
CoolingCooling
AppliancesDishwasher, Gas Oven
FlooringCarpet, Hardwood

Exterior

Lot Size10,877 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.1270.0006.0011.00.01.01
Lot Number11
SubdivisionGodfrey-May-Holly
Land UseResidential
Legal DescriptionGODFREY-MAY-HOLLY, BLOCK 6, LOT 11; PT & 12 PT PP# IG000-0320-01, & HOUSE PT & 12 PT PP# IG000-0320-01, & HOUSE
Census Tract050802
Assessed Land Value$70,688
Assessed Improvement Value$132,659
Assessment Year2025

About this property

Very cute early century three bedroom two bath on a large corner lot. This house is really something special. Previous owners did many updates including central heat and air, and upgraded electrical panel. While maintaining most of its old world charm including Claw foot tub in hall bath and leaded glass windows. Everything has a fresh coat of paint, new carpet and LVP in places, refinished primary bath. There is still some room for you to add your personal touches in the kitchen. This is a unique home and offered at a great price point

Investor Tools

Property Icon
$236,000
Estimated Property Value
$220,292Estimated Mortgage Balance
$15,708Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,245
$203,347
2025
$70,688
$132,659
$203,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,245
$203,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mountain West Financial Inc
Va
$230,000
Yes
First
Jan 19, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,292
$15,708
6%
93%
$1,379/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: Crandall

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400 S Main St | Property Details | No Agent List