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Days257Days on Market
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$55,000

413 E Locust St, Whitewright, TX, 75491

$61,310 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.48 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Oven, Gas Range
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesAwning(s), Storage
Lot Size7,100 sqft

Building Information

Year Built1950
Garage Spaces3

Land Information

APNX002 4506014
Lot Number15
SubdivisionSears H C Addn
Land UseResidential
Legal DescriptionSEARS H C ADDN, BLOCK 3, LOT 15, ACRES .163
Census Tract000102
Assessed Land Value$33,441
Assessed Improvement Value$71,311
Assessment Year2025

About this property

This cozy 2-bedroom, 1-bath home of 675 sq ft carries a sense of history and possibility. The home is cooled with a window unit and heated by gas wall units, offering simple comforts. Out back, you’ll find a three-section workshop totaling 675 sq ft, filled with Grandpa’s tools and memories, waiting for its next chapter. The home has good bones and plenty of character, but it’s ready for your ideas and improvements to bring it back to life. Being sold as-is and priced accordingly, with no repairs to be made. Buyer to provide survey if required. Come see the potential and imagine what you could create here.

Investor Tools

$0Estimated Mortgage Balance
$54,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$61,309
Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month

Interested in this property?

Robbie Robertson

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$37/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$171
$53,603
2025
$33,441
$71,311
$104,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$171
$53,603

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$54,000
100%
0%
$0/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: Whitewright

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