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$237,000

402 S 3rd Street, Sanger, TX, 76266

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$67.38 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesGas Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size8,542 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR57803
SubdivisionMary H Shirley
Land UseResidential
Legal DescriptionMARY H SHIRLEY BLK 6(N70')
Census Tract020203
Assessed Land Value$66,465
Assessed Improvement Value$61,040
Assessment Year2025

About this property

Vintage home currently ready for new owners. Great corner lot with endless possibilities for expansion or addition of covered parking. Home features wood floors under carpet and condition of floor is unknown. Purchase and closing of this home contingent upon simultaneous closing and funding of 404 3rd St Sanger Tx. Buyer to verify square footage and schools. Listing agent is related to seller. Buyer will need a new survey.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,469
$127,505
2025
$66,465
$61,040
$127,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,469
$127,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thao Studios Llc
Purchase Money Mortgage
$85,000
No
First
May 21, 2019
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,151
$163,849
69%
31%
$510/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: Sanger

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402 S 3rd Street | Property Details | No Agent List