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$125,000

407 W Overlook Drive, Kerens, TX, 75144

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.83 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size9,017 sqft

Building Information

Year Built1960
Stories1
Roof Type114
Garage Spaces1

Land Information

APN34601
Lot Number1
SubdivisionReed #1
Land UseResidential
Legal DescriptionR0400.01 REED #1 BLK B LOT 1 .207 ACRES (75 X 120) (75 X 120)
Census Tract970600
Assessed Land Value$11,970
Assessed Improvement Value$102,390
Assessment Year2025

About this property

Introducing a charming remodeled house with great potential! This 3-bedroom, 1-bath home boasts a newly upgraded plumbing system, electrical, HVAC, a complete gut out, ensuring convenience and peace of mind. The renovation has brought fresh life into the property, enhancing its overall appeal. While most of the remodeling work has been completed, a few finishing touches remain to be done, allowing you to put your personal touch and creativity into the house. This delightful property presents an excellent opportunity to customize the remaining aspects to suit your preferences, making it the ideal canvas for your dream home.

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$22,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,429
$114,360
2025
$11,970
$102,390
$114,360
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,429
$114,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$108,300
No
First
Sep 11, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,040
$22,960
18%
82%
$650/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.

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: Kerens

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407 W Overlook Drive | Property Details | No Agent List