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$155,000

NAL Estimated Property Value

500 Joy Dr, White Settlement, TX, 76108

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.44 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size11,596 sqft

Building Information

Year Built1948
Stories1

Land Information

APN13600-18-19
Lot Number19
SubdivisionFarmers Addition
Land UseResidential
Legal DescriptionFARMERS ADDITION BLOCK 18 LOT 19
Census Tract110703
Assessed Land Value$51,600
Assessed Improvement Value$98,485
Assessment Year2025

About this property

This charming stucco cottage home has a cozy feel perfect for those seeking a peaceful and inviting retreat. Located on a generous corner lot, the home boasts a beautifully landscaped and wood-fenced backyard that provides ample space for outdoor activities. The mature trees add to the serene ambiance of the home. Inside, you'll find 12-inch ceramic tiles and wood laminate flooring that adds a polished and modern look. The home's design is both functional and stylish with ceiling fans in every room for maximum comfort. The galley-style kitchen is efficient and well designed, featuring ample cabinets, under-cabinet lighting, and solid surface countertops for easy meal preparation. The bathroom is equally impressive, with modern fixtures, a sleek sink, and a step-in shower with a privacy glass window. Whether you're relaxing in the living room, cooking in the kitchen, or unwinding in the bathroom, this home is sure to provide the perfect space for you to feel comfortable and at ease.

Investor Tools

Property Icon
$155,000
Estimated Property Value
$178,940Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,556
$150,085
2025
$51,600
$98,485
$150,085
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,556
$150,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ruoff Mortgage Company Inc
Fha
$166,920
Yes
First
Sep 14, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,940
N/A
0%
115%
$1,124/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,124/mo
+$332/mo
11.3%

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: White Settlement

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