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$99,000

478 W Wellington St, Carthage, TX, 75633

$128,700 ARVInfo
PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$55 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesGas Water Heater, Electric Water Heater

Exterior

Lot Size15,965 sqft

Building Information

Year Built1922
Garage Spaces2

Land Information

APN11360
Lot Number18
Land UseResidential
Legal DescriptionBLK 57 LT 18
Census Tract950401
Assessed Land Value$14,530
Assessed Improvement Value$58,510
Assessment Year2025

About this property

Step into the timeless character of this classic colonial-style home full of charm, space, and potential. Much of the work has been done making this a fantastic opportunity for someone looking to add the finishing touches and make it their own. Featuring beautiful architectural character, spacious living area, and a welcoming front porch, this home offers the perfect blend of historic appeal and renovation opportunity. Numerous updates have been made, including new electrical, plumbing, sheetrock, shiplap, cabinets on site that are ready for assemble, 2 mini split systems, ceilings fans, new 200 amp service, and new water heaters. Whether you are looking for a personal residence, investment property, or restoration project, the home offers endless possibilities. Situated on a corner lot, with mature trees, and steps leading to the street, this home is ready for its next chapter.

Investor Tools

Property Icon
$118,000
Estimated Property Value
$37,600Estimated Mortgage Balance
$84,257Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$128,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,366
$73,040
2025
$14,530
$58,510
$73,040
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,366
$73,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$37,600
No
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,810
$105,190
75%
29%
$226/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: Carthage

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478 W Wellington St | Property Details | No Agent List