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Days43Days on Market
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$145,000

405 Eddies St, Ponder, TX, 76259

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.65 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
AppliancesNone

Exterior

Lot Size10,999 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APNR45199
Lot Number1
SubdivisionO T Ponder
Land UseResidential
Legal DescriptionO T PONDER BLK 9 LOT 1(S75')(PT)
Census Tract020310
Assessed Land Value$54,995
Assessed Improvement Value$49,435
Assessment Year2025

About this property

Calling all investors. Opportunity awaits at 405 Eddies Street, this three-bedroom, two bath property offers tremendous potential. Wether you are looking to add to your investment portfolio or tackle your next project this property offers the chance to create value and build equity. With a nice sized lot, and a blank canvas the possibilities are endless. Bring your creativity, and your plans. Opportunity like this won't last long. Home is being sold as is. Any and all information is deemed reliable. Buyer and buyers agent to do their own due diligence.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$0Estimated Mortgage Balance
$238,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

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Jeb Bryant

The Real Estate Power Houses

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$910
$104,430
2025
$54,995
$49,435
$104,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$910
$104,430

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$238,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Ponder

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405 Eddies St | Property Details | No Agent List