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$279,390

401 Third, Hubbard, TX, 76648

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.82 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range, Electric Water Heater
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesRV Hookup
Lot Size20,952 sqft

Building Information

Year Built1959
Garage Spaces2

Land Information

APN117317
Lot Number1,2
SubdivisionHubbard Ot
Land UseResidential
Legal DescriptionHUBBARD OT BLK 49 LT 1 & 2
Census Tract961400
Assessed Land Value$12,570
Assessed Improvement Value$266,820
Assessment Year2025

About this property

Tucked into a quiet neighborhood on a double corner lot in Hubbard, this spacious 2,668 sq ft home is one of three local homes built with exceptional quality by a longtime Hubbard physician—homes known for their solid construction and enduring design. Inside and out, there’s room to spread out and settle in. The layout includes three bedrooms, two bathrooms, and two large living areas, plus a bright glassed-in sunroom that’s perfect for morning coffee or peaceful evenings, even though it's not counted in the official living space. The kitchen opens to both a cozy breakfast nook and a formal dining room, and just off the main living area, you’ll find built-ins, a gas log fireplace, and wide windows overlooking the shady backyard. There’s plenty of storage throughout, along with a dedicated laundry room, a versatile bonus room, and an attached two-car garage. Out back, things get even better. A 20x20 powered workshop—with concrete floors, a half bath, and an 8x20 covered porch workspace—is wired for big tools like welders or compressors and topped with a newer 30-year composite roof. Nearby, a 30’x42’ metal carport with 14’ clearance and 4’ skirting can comfortably fit up to six vehicles. The front skirting panel cleverly folds open to allow access for tall boats or RVs, and there’s even a 50A RV hookup already in place. The home sits along two quiet roads with very little traffic, and a 25-foot flagpole out front marks the spot with a little extra pride. The surrounding area is dotted with five small lakes and offers one of those scenic drives that make the journey just as enjoyable as the destination. Living in Hubbard means enjoying a slower pace, wide open skies, and a strong sense of community—all within 30 minutes of Waco, Hillsboro, Mexia, and Corsicana. With a shady yard, flexible spaces, and that small-town Texas charm, this home offers room to tinker, space to breathe, and a sense of possibility around every corner.

Investor Tools

Property Icon
$279,390
Estimated Property Value
$261,900Estimated Mortgage Balance
$22,102Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$697
$279,390
2025
$12,570
$266,820
$279,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$697
$279,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank & Trust Of Texas
Conventional
$261,900
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,288
$22,102
7%
92%
$1,571/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.

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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: Hubbard

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401 Third | Property Details | No Agent List