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$222,778

NAL Estimated Property Value

401 Clark St, Italy, TX, 76651

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.13 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesAwning(s), Balcony
Lot Size9,235 sqft

Building Information

Year Built1995
Stories1
Garage Spaces5

Land Information

APN45.2001.018.008.00.107
SubdivisionO T Italy-Rev
Land UseResidential
Legal DescriptionPT8 18 O T ITALY 0.212 ACRES
Census Tract061000
Assessed Land Value$67,500
Assessed Improvement Value$155,278
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST BY MONDAY 9.25.23 AT 10:00 AM Welcome to this charming and fully remodeled 1-bedroom, 1.5-bathroom home with an open concept design, situated on an oversized corner lot. This home has undergone a complete renovation, offering modern amenities and a comfortable living space. The primary bedroom is oversized, providing ample space for relaxation and rest. The open concept layout seamlessly connects the kitchen, dining area, and living space, creating a spacious and inviting atmosphere. The entire home was tastefully remodeled in 2021, ensuring a contemporary and fresh look throughout. The kitchen is a highlight of this home, boasting modern features such as a double oven, a farmhouse sink, and granite countertops. The property includes a two-car garage, providing secure parking and additional storage space. There's also a half bathroom in the garage for added convenience.

Investor Tools

Property Icon
$222,778
Estimated Property Value
$0Estimated Mortgage Balance
$222,778Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,337 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,738
$222,778
2025
$67,500
$155,278
$222,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,738
$222,778

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,778
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
8.4%

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.

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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: Italy

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401 Clark St | Property Details | No Agent List