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A+
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$228,000

4504 Morrison Street, Greenville, TX, 75401

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,299 Sq Ft
DuplexDuplex
price_per_sqft$50.04 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 2Bathrooms 2
Heating Floor/WallHeating Floor/Wall
AppliancesGas Cooktop

Exterior

Lot Size11,021 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN2850-0010-014R-41
Lot Number14R,14R
SubdivisionEdmonson Addition
Land UseReal/Land Duplexes (2 Units)
Legal DescriptionS2850 EDMONSON ADDITION BLK 1 LOT 14R ACRES .253 (REPLAT) (AKA LT 14RB)
Census Tract960800
Assessed Land Value$41,330
Assessed Improvement Value$176,150
Assessment Year2025

About this property

Great investment opportunity! Duplex located in wooded, established part of Greenville. Loads of surrounding homes being renovated and some new builds going in. This duplex has one side income producing through January 31, 2021. The second side is ready for you to bring your own vision and tools to make it amazing. There is room on the lot to build a home that would face Harris Street.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$57,251Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,293
$217,480
2025
$41,330
$176,150
$217,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,293
$217,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$189,150
No
First
Apr 22, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,749
$57,251
25%
75%
$1,135/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: Greenville

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4504 Morrison Street | Property Details | No Agent List