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$108,120

408 E Travis St, Mexia, TX, 76667

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.54 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater, Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1930
Garage Spaces1

Land Information

APNR21554
Lot Number10
Land UseResidential
Legal DescriptionSUNSET CENTRAL ADDITION MEXIA, BLOCK 008, LOT 010
Census Tract970400
Assessed Land Value$2,470
Assessed Improvement Value$105,650
Assessment Year2024

About this property

You always read, "THIS HOUSE IS A MUST SEE!" But THIS home really is so special that you HAVE to see it to believe! Awesome updates! Cute as can be farmhouse style! Let's talk about the kitchen! Granite countertops, freestanding range, refrigerator with icemaker, plus everyone's favorite......the farmhouse sink! A separate laundry room with space for a freezer or folding table and easy access to the back yard. Leave your muddy boots by the door kids! Spacious primary bedroom near the kitchen for sneaking those late night snacks. Covered front porch and a fenced backyard that's large enough for weekend get-togethers! A detached single car garage that is great for storage or a workshop. All of this for way less than you'd think! Call soon to schedule your showing because "this house is a MUST SEE!"

Investor Tools

Property Icon
$108,120
Estimated Property Value
$72,000Estimated Mortgage Balance
$41,631Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$649 /month
Positive
Cash Flow Estimate:
$216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$825
$108,120
2024
$2,470
$105,650
$108,120
No

Tax History

Year
Tax Paid
Assessed Value
2022
$825
$108,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kadlogic Inc
Conventional
$72,000
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,489
$41,631
38%
61%
$432/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: Mexia

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408 E Travis St | Property Details | No Agent List