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$430,000

419 Mc Grede Drive, Sulphur Springs, TX, 75482

$445,439 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths2,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.57 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size11,203 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APNR000006305
SubdivisionMeadowview
Land UseResidential
Legal DescriptionLOT: 11 BLK: 205 1 1 ADDN: MEADOWVIEW
Census Tract950600
Assessed Land Value$25,000
Assessed Improvement Value$397,760
Assessment Year2025

About this property

This listing is for 419 & 421 McGrede. Very rare opportunity to own a full duplex in center of town. Well maintained and cared for by same owner since 1984. New roof 2022, new gutter 2025. Live on one side and rent out the other. 419 has recently been painted with new laminate flooring and tile in 2025. please do not disturb tenants in 421. owner will not split the duplex. must offer for full duplex. Don’t pass up this opportunity homeownership while also making income.

Investor Tools

$0Estimated Mortgage Balance
$422,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$445,438
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Chi Bennett

Fathom Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$698
$422,760
2025
$25,000
$397,760
$422,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$698
$422,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,760
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: Sulphur Springs

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