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$184,600

NAL Estimated Property Value

408 S Capitol St, Canton, TX, 75103

$239,980 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,310 Sq Ft
price_per_sqft$59.09 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size13,504 sqft

Building Information

Year Built1951
Stories1
Garage Spaces3

Land Information

APN014.2170.0035.0001.0100
Lot Number1
Land UseResidential
Legal DescriptionACRES: 0.310 BLK: 35 LOT: PT 1 ADDN: ORIG TOWN
Census Tract950700
Assessed Land Value$37,420
Assessed Improvement Value$147,180
Assessment Year2025

About this property

Prime Location! Prime Location! Prime Location! This charming 1950s East Texas home is just two blocks from Downtown Canton and the renowned 1st Monday Trade Days! With a little updating, this cozy property could make a wonderful place to call home or serve as an ideal short-term rental. The home offers 2 bedrooms, 1 bathroom, 2 spacious living areas, a dining room, kitchen, breezeway, an office-bonus room, and a converted 1 car garage that could easily be put back as a garage. Situated on a large lot with a storage building, this property provides plenty of space and potential.

Investor Tools

Property Icon
$184,600
Estimated Property Value
$98,440Estimated Mortgage Balance
$86,160Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$239,980
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,108 /month
Positive
Cash Flow Estimate:
$369 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$99
$184,600
2025
$37,420
$147,180
$184,600
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$99
$184,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Mortgage Advisors Llc
Conventional
$99,750
No
First
Aug 26, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,440
$86,160
46%
53%
$599/mo

City: Canton

408 S Capitol St | Property Details | No Agent List