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$186,000

NAL Estimated Property Value

408 N 2nd St, Little River-Academy, TX, 76554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.45 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringLaminate

Exterior

Lot Size9,348 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces1

Land Information

APN100595
Lot Number9
SubdivisionAcademy Heights
Land UseResidential
Legal DescriptionACADEMY HEIGHTS, BLOCK 003, LOT 0009
Census Tract021400
Assessed Land Value$30,000
Assessed Improvement Value$94,348
Assessment Year2025

About this property

Location, Location, Location. PERFECT, Starter home under $200,000. Nestled on a quiet street in the heart Little-River Academy. Ready for your personal touch to make it your very own. Featuring 3 bedrooms and 1 1/2 bathrooms. Mature tree's in the front and in the spacious backyard. The well shaded backyard backs up to John Glover Stadium and Academy Middle School. Walking distance to First Baptist Church-Academy. Step out your front yard and you will see the New state of the art Academy High School less than a 5 min. drive. Don't miss this chance to own this little neighborhood home, great for evening walks and small town living. Some TLC required, potential abounds!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$143,276Estimated Mortgage Balance
$42,724Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,328
$124,348
2025
$30,000
$94,348
$124,348
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,328
$124,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$144,750
No
First
Oct 23, 2025
Oct 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,276
$42,724
22%
77%
$868/mo

City: Little River-Academy

408 N 2nd St | Property Details | No Agent List