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$240,000

406 Elm St, Overton, TX, 75684

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,283 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.06 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther

Building Information

Garage Spaces1

About this property

Here's a new construction opportunity you don't see every day. Located in beautiful East Texas just 30 minutes from the Univeristy of Texas Tyler, this pretty new brick home and adjacent land could be yours. This 9-lot property just a two block walk from Overton elementary, middle and highschools this offering includes a new 3-2, 1283 sf brick home, along with 8 additional adjacent lots ready to build. This is an investor's dream. The 2025 constucted brick home is approximately 70% complete and ready for interior finishing. The buyer has the choice to buy the home as is with the 8 additional lots for the list price. Or the buyer can choose the interiors and the builder will finish out the home at the list price and exclude the 8 additional lots. At this price this opportunity won't last long. Cash buyers will be given first opportunity but will accept financed buyers. The current builder has decided to focus resourses on other projects in East Texas and is making this entire development available for the list price. Always scroll to the very bottom of home ads to find us for more information.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Overton

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406 Elm St | Property Details | No Agent List