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$158,000

NAL Estimated Property Value

406 E Main Street, Wortham, TX, 76693

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.16 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size6,316 sqft

Building Information

Year Built1945

Land Information

APN45070-00304-00000-000000
Land UseResidential
Legal DescriptionF D WRIGHT ADDN WORTHAM LOT 4 BLK 3
Census Tract000400
Assessed Land Value$4,165
Assessed Improvement Value$65,724
Assessment Year2025

About this property

Perfect starter home or investment property! This adorable 2 bed 1 bath home has been completely updated inside and out! The renovation in 2017 included adding an additional 400 square feet to the back of the home enlarging the kitchen and creating a laundry area for a full size washer & dryer and water heater. Other updates included all new plumbing and eletrical wiring throughout, as well as new flooring, built in cabinets & counter tops, appliances, paint, lighting and the ceilings were covered with repurposed wood giving it a unique and rustic charm throughtout. A brand new HVAC unit was installed in October of 2025. There is a big partially fenced backyard and storage shed as well. Come see this gem of a home- the cute covered front porch will have you hooked!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$0Estimated Mortgage Balance
$158,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,236
$69,889
2025
$4,165
$65,724
$69,889
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,236
$69,889

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
100%
0%
$0/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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