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$239,900

402 Peabody Street, Hillsboro, TX, 76645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.54 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size7,231 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN102146
Lot Number16
SubdivisionMc Mullen
Land UseResidential
Legal DescriptionMC MULLEN BLK 60 LT 16
Census Tract961000
Assessed Land Value$20,780
Assessed Improvement Value$224,420
Assessment Year2025

About this property

MAGNIFICENT OPPORTUNITY... for first time home buyers or those re-entering the market to own a NEW well designed 2023 board and batten home. With 3 SPACIOUS bedrooms, 2 bath, 2 car epoxy stained garage, boasting 1,300 sq. ft. ready for it's FIRST owner. ENERGY EFFECIENT features such as double paned windows and built with the latest advanced quality materials! As you step into the inviting family room lined with led lights you flow into the dining space to the kitchen with plenty of CUSTOM cabinetry that pair well with the black hardware and EXQUISITE decorative lighting. Your kitchen comes equipped with stainless steel appliances, a deep farmhouse sink and a GREAT, luxurious quartz top island. Relax in your SIZABLE primary suite with an eye-catching en-suite bathroom featuring quartz dual sinks, a floor to ceiling tiled walk-in shower, and a closet for two. Full sized utility room, and two hallway closets HOW NEAT. Come and see this NEW DEVELOPMENT in the EXPANDING City of Hillsboro.

Investor Tools

Property Icon
$245,200
Estimated Property Value
$0Estimated Mortgage Balance
$26,966Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,471 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,312
$245,200
2025
$20,780
$224,420
$245,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,312
$245,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$220,924
Yes
First
Aug 31, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,234
$26,966
10%
89%
$1,378/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: Hillsboro

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402 Peabody Street | Property Details | No Agent List