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$111,000

NAL Estimated Property Value

403 N 5th Street, Wortham, TX, 76693

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,165 Sq Ft
price_per_sqft$94.42 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Convection Oven, Refrigerator

Exterior

Lot Size8,276 sqft

Building Information

Year Built1950

Land Information

APN44003-00004-02000-000000
Land UseResidential
Legal DescriptionOTS WORTHAM PT LOT 4 DIV 3
Census Tract000400
Assessed Land Value$5,686
Assessed Improvement Value$61,062
Assessment Year2025

About this property

Welcome to an outstanding investment opportunity in Wortham, TX! This property is ideal for expanding your portfolio, whether you're interested in a rental, a flip, or a personal home with strong investment potential. With some cosmetic and structural repairs needed, the property already has a tenant in place, making this hidden gem your next income-producing property. The spacious layout and flexible floor plan make it attractive to tenants or increase resale value with strategic upgrades. The efficient galley kitchen and flexible common spaces offer opportunities to enhance rental appeal or increase property value post-renovation. The exterior, featuring a broad front yard and large backyard, invites value-adding improvements and curb appeal projects. This Wortham residence stands out as a value-driven asset primed for transformation, perfect for investors ready to maximize returns. Act now to unlock the property's full investment potential and add a strong performer to your portfolio!

Investor Tools

Property Icon
$111,000
Estimated Property Value
$44,649Estimated Mortgage Balance
$66,351Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,180
$66,748
2025
$5,686
$61,062
$66,748
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,180
$66,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$48,000
No
First
Aug 1, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,649
$66,351
59%
40%
$288/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: Wortham

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403 N 5th Street | Property Details | No Agent List