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$331,353

405 W 1st Street, Maypearl, TX, 76064

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.27 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,187 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces1

Land Information

APN50.2001.012.003.00.115
Lot Number3
SubdivisionO T Maypearl-Rev
Land UseResidential
Legal DescriptionLOT 3 BLK 12 O T MAYPEARL-REV .165 AC
Census Tract060900
Assessed Land Value$50,000
Assessed Improvement Value$281,353
Assessment Year2025

About this property

As good as new! Lovely two year old custom home in the heart of Maypearl. This home has 3 bedrooms, 2 baths. Jack and Jill bath in the secondary bedrooms. Kitchen is beautiful with granite, tons of cabinets, stainless appliances, beautiful hardware and backsplash. Ceramic tile floors with carpet in the bedrooms. Closets are all oversized and master has two closets. Crown molding. Wood privacy fence and irrigation system.

Investor Tools

Property Icon
$331,353
Estimated Property Value
$0Estimated Mortgage Balance
$68,742Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,988 /month
Positive
Cash Flow Estimate:
$663 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,791
$331,353
2025
$50,000
$281,353
$331,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,791
$331,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Conventional
$284,905
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,611
$68,742
20%
79%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,709/mo
+$263/mo
7.1%

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: Maypearl

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405 W 1st Street | Property Details | No Agent List