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$179,000

401 E 6th St, Bishop, TX, 78343

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.29 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available

Exterior

Lot Size10,498 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces216

Land Information

APN0696-0037-0070
Lot Number7
SubdivisionBishop T/S
Land UseResidential
Legal DescriptionBISHOP T/S LT 7 BLK 37 & ADJ STREETS
Census Tract006100
Assessed Land Value$11,235
Assessed Improvement Value$188,154
Assessment Year2025

About this property

It will not require much effort to renovate this charming property located in Bishop, Texas. This 3-bedroom, 2-bathroom residence is situated on a generous corner lot. You can undertake a minor project and reside here, or it could serve as an excellent investment opportunity for generating rental income.

Investor Tools

Property Icon
$199,389
Estimated Property Value
$171,830Estimated Mortgage Balance
$41,004Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,196 /month
Positive
Cash Flow Estimate:
$399 /month

Interested in this property?

Wendy Zavala

Christi Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,641
$199,389
2025
$11,235
$188,154
$199,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,641
$199,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$171,830
Yes
First
May 19, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,256
$40,133
20%
80%
$1,031/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: Bishop

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401 E 6th St | Property Details | No Agent List