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$117,500

424 Thomas Street, Clute, TX, 77531

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 6Bathrooms Full 6
Heating Floor/WallHeating Floor/Wall
AppliancesFreestanding Oven, Microwave, Free-Standing Range
FlooringVinyl, Vinyl Plank, Wood

Exterior

Lot Size6,534 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN7957-0017-000
Lot Number12
SubdivisionThomas & Aycock
Land UseResidential
Legal DescriptionTHOMAS & AYCOCK (A0049 A CALVIT DIV 14 (B C I C)(CLUTE) BLK 2 LOT 12
Census Tract663900
Assessed Land Value$7,840
Assessed Improvement Value$87,870
Assessment Year2025

About this property

Investor Special with Major Exterior Updates! This 2-bedroom, 1-bath home at 424 Thomas offers a great opportunity for investors, flippers, or buyers looking to add their own interior finishing touches. The exterior has already been refreshed with an updated roof and stylish exterior improvements, giving the home fantastic curb appeal. Features include modern black trim, wood shutters, covered front porch, and a spacious yard with room to expand or customize. Interior is ready for repair and renovation, making this a perfect value-add property with strong rental potential. Conveniently located with easy access to local schools, shopping, and industry. Bring your vision and make this property shine!

Investor Tools

$91,592Estimated Mortgage Balance
$14,408Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$705 /month
Positive
Cash Flow Estimate:
$235 /month

Interested in this property?

Amber Wyatt

Coldwell Banker Ultimate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$857
$95,710
2025
$7,840
$87,870
$95,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$857
$95,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$97,942
Yes
First
Dec 1, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,592
$14,408
13%
86%
$588/mo

City: Clute

424 Thomas Street | Property Details | No Agent List