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$469,061

NAL Estimated Property Value

437 S 1st St, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,409 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.37 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size13,996 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces8

Land Information

APNR61009
Lot Number1
SubdivisionWilson (Krum)
Land UseResidential
Legal DescriptionWILSON (KRUM) BLK 1 LOT 1(W30' OF S100'),2(S100')
Census Tract020206
Assessed Land Value$71,750
Assessed Improvement Value$412,140
Assessment Year2025

About this property

Who is looking for a custom single story 2409sqft home that's had thousands poured into it recently for upgrades and also a 2400sqft, 60x40, workshop with fully funtctioning living quarters? The main house has is very inviting and has many exciting features. Most of your journey through will be on the luxury vinyl plank floors with upgraded baseboards, make sure you pay attention to fine details and upgraded fixtures as you go. First the light and bright kitchen has brand new cabinets, quartz countertops, backsplash, and cooktop. Stainless double oven, microwave, and dishwasher to boot! Around the corner is the biggest pantry you will see! So big you can sing The Hills Are Alive while swinging your arms around like Julie Andrews and not bump into anything! There's even a pantry within the pantry! The living room is enormous and could host a large gathering easily. In fact there is a 20x13 room off the liv rm with a built in hand made solid walnut bar. It's even more impressive in person than in the photos. The large primary bedroom is split from the others and features a bay window and 2 big walk-in closets. Split away are 2 other bedrooms and full bath that has been rennovated. Take a good look at that mirror, it's extra fancy!... Now, onto the workshop or barndominium, whatever you want to call it. I call it awesome and has unlimited potential. Car mechanic? Have a boat, RV, or any other toys? Woodworking? Underwater basket weaver? Steel 60x40 feet with a full living quarters that includes kitchen, full bath, living room, and laundry room. There is rental income potential here as there is a separate entrance. Or put your family or friends up while they are visiting. The main garage area is 40x40 with double 14' electric doors which is big enough to hold a few RV's and then some! Assumable 2.625 percent loan, holy cow!! Stop what you are doing right now, pick up the phone and tell your favorite Realtor to get you inside this property ASAP.

Investor Tools

Property Icon
$469,061
Estimated Property Value
$0Estimated Mortgage Balance
$469,061Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,925 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,451
$469,061
2025
$71,750
$412,140
$483,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,451
$469,061

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$469,061
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
5.4%

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: Krum

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437 S 1st St | Property Details | No Agent List