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$223,662

NAL Estimated Property Value

402 Johnson St, Terrell, TX, 75160

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.49 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,998 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3720.0383.0002.01.06.06
Lot Number2B
SubdivisionTerrell Revised
Land UseResidential
Legal DescriptionTERRELL REVISED, BLOCK 383, LOT 2B
Census Tract050300
Assessed Land Value$69,940
Assessed Improvement Value$153,722
Assessment Year2025

About this property

STEP INTO THIS CHARMING CRAFTSMAN HOME WITH AN INVITING FRONT PORCH! EVERY ROOM IS BATHED IN NATURAL LIGHT FROM ABUNDANT WINDOWS. ENJOY THE SPACIOUS COUNTRY KITCHEN WITH AMPLE CABINETRY. THIS HOME FEATURES TWO BEDROOMS AND A LARGE BONUS ROOM AT THE BACK, PERFECT FOR A THIRD BEDROOM, GAME ROOM, OR STUDY. MANY ORIGINAL FEATURES INCLUDING HARDWOOD FLOORS, BUTCHER BLOCK FIREPLACE MANTEL AND BUILT-IN BOOKSHELVES IN THE LIVING AREA. THE DRIVEWAY LEADS TO A DETACHED 1-CAR COVERED GARAGE AND A SPACIOUS FENCED-IN BACKYARD WITH HUGE TREES AND A CHICKEN COOP. IT’S RARE TO FIND A HOME OF THIS AGE IN SUCH GOOD CONDITION. READY FOR A NEW OWNER TO CHERISH AND ENJOY ITS TIMELESS STYLE! LOCATED ON ONE OF TERRELLS HISTORIC SOUGHT AFTER STREETS CLOSE TO THE CONVENIENCES OF DOWN TOWN! RECENT UPDATES INCLUDE: NEW ROOF AND EXTERIOR PAINT IN 2023. BATHROOM REMODEL IN 2023. EVERY INCH OF ELECTRICAL WAS STRIPPED AND RE-WIRED IN 2021. NEW ATTIC AND CRAWL SPACE INSULATION ADDED IN 2022. NEW WATER HEATER IN 2022. ALL EXPOSED PIPES UNDER HOUSE INSULATED AND HEATING TAPE ADDED, NEW SKIRT AROUND EXTERIOR IN 2023!

Investor Tools

Property Icon
$223,662
Estimated Property Value
$297,351Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,342 /month
Positive
Cash Flow Estimate:
$447 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,054
$223,662
2025
$69,940
$153,722
$223,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,054
$223,662

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Reverse Mortgage / Hecm
$300,000
No
First
Jul 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,351
N/A
0%
133%
$1,946/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: Terrell

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402 Johnson St | Property Details | No Agent List