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$167,000

NAL Estimated Property Value

427 W 1st St, Freeport, TX, 77541

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.74 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size5,924 sqft

Building Information

Year Built1918
Stories1
Roof Type105

Land Information

APN4200-0609-000
Lot Number1
SubdivisionFreeport
Land UseResidential
Legal DescriptionFREEPORT BLK 64 LOT 1 - LOT 2 (W/2)
Census Tract664300
Assessed Land Value$24,890
Assessed Improvement Value$116,000
Assessment Year2025

About this property

***Agent is Owner*** Welcome home to 427 W. 1st Street! Built in 1918 and thoughtfully remodeled, this charming home perfectly blends historic character with modern updates. Step inside to find luxury vinyl plank flooring, granite countertops, double-pane windows, and elegant crown molding. The inviting front porch sets the tone, leading into a spacious, well-designed floor plan. All three bedrooms are conveniently located on one side of the home, while the open-concept living room, dining area, and large kitchen with a breakfast bar create a seamless flow. The dedicated laundry room provides easy access to the oversized covered patio and rear driveway—perfect for entertaining or relaxing outdoors. Situated just one block from the Brazos River, this home offers small-town charm with everyday conveniences nearby, including local restaurants, grocery stores, and hardware shops. Modern comfort meets timeless appeal—schedule your showing today!

Investor Tools

Property Icon
$167,000
Estimated Property Value
$124,426Estimated Mortgage Balance
$42,574Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,831
$140,890
2025
$24,890
$116,000
$140,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,831
$140,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Mortgage Partners Llc
Conventional
$134,250
No
First
Jun 23, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,426
$42,574
25%
75%
$805/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.

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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: Freeport

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427 W 1st St | Property Details | No Agent List