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B+
NoAgentList RatingHow are grades calculated?Info
Days77Days on Market
Views1view
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$219,000

401 Elizabeth Street, Terrell, TX, 75160

$284,700 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.76 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesGas Range
FlooringWood

Exterior

Lot Size11,831 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3580.0598.0007.00.06.06
Lot Number7
SubdivisionStocks-Blk 598
Land UseResidential
Legal DescriptionSTOCKS-BLK 598, BLOCK 598, LOT 7
Census Tract050402
Assessed Land Value$26,000
Assessed Improvement Value$157,362
Assessment Year2025

About this property

This charming 2 bedroom home on a spacious corner lot with mature trees has beautiful curb appeal and is located just a street over from historic Griffith Ave, Terrell’s most picturesque and well known street. The layout is inviting and easy to live in, featuring hardwood floors, a comfortable living area, and a dining space that flows naturally off the main room. The kitchen offers ample cabinet storage and a practical setup, while both bedrooms are well sized with great natural light. The backyard is a showstopper, with a beautiful established pecan tree, plenty of open space, a storage shed, and a dedicated lounging area with a fire pit and swing, perfect for relaxing or entertaining. A one car garage adds extra parking or storage space, and the oversized lot gives you room to enjoy both inside and out in an established quiet neighborhood.

Investor Tools

$113,776Estimated Mortgage Balance
$113,224Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$284,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

Interested in this property?

Erika Butler

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,129
$183,362
2025
$26,000
$157,362
$183,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,129
$183,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$127,546
Yes
First
Oct 2, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,776
$113,224
49%
50%
$765/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: Terrell

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