Last 24 Hours
$179,000
401 E 6th St, Bishop, TX, 78343
On Market
3 Beds
2 Bath
1,580 Sq Ft
$113.29 / sqft
Built in 1950Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Half 2
Garage AvailableAppliancesElectric Oven, Electric Range
FlooringLaminate
Exterior
Exterior FeaturesNone
Lot Size10,498 sqft
Building Information
Year Built1950
Roof Type105
Garage Spaces2
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
$159,256Estimated Mortgage Balance
$41,004Estimated Equity
20% 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
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ContactFinancing 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
12.4%