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$218,000

NAL Estimated Property Value

409 3rd Street, Blanket, TX, 76432

Recently SoldInfo
8/31/26
Beds3 Beds
Baths2 Bath
Baths1,642 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size1.65 acres

Building Information

Garage Spaces2

Land Information

APN48516
SubdivisionBlanket O T
Land UseResidential
Legal DescriptionBLANKET O T, BLOCK 44, 44A, ACRES 1.65
Census Tract950300
Assessed Land Value$72,000
Assessed Improvement Value$137,940
Assessment Year2025

About this property

Great corner property with the house inside a chain link fence and then a net wire fence for the orchard and the pasture. Home is 3 bed 2 bath, site-built in 1983 with appliances and dining table that will convey. The home has new laminate wood floors installed throughout. The large living and dining area would make great gathering place for friends and family. Central heat & air and natural gas space heaters for heat, double-paned windows and a metal roof are just a few of the updated features. The primary bedroom has an ensuite bath with tile shower and double closets. The living room has 3 large sliding doors that look out onto the covered back porch which looks out over the pasture. You can sit back, relax and watch your livestock grazing from the back porch. The water heater and oven are natural gas, so you'll not be without in a storm. There is a wheel chair ramp for handicap access into the house and a storm shelter in the yard just in case. There is city sewer, trash & water and a water well (drilled in 2017) and water is plumbed to the orchard and the pasture. Excellent location with no homes to the north, just a mesquite pasture. A detached garage is large enough to park a couple of cars and still have room for some work shop space. The storage sheds all have electricity and could be storage for lawn equipment and-or 4H animals. The orchard and pasture are approx 1.65 acres and the rest is yard around the house.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$395
$209,940
2025
$72,000
$137,940
$209,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$395
$209,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,000
100%
0%
$0/mo

City: Blanket

409 3rd Street | Property Details | No Agent List