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$235,000

500 S Elm, Milford, TX, 76670

$255,791 ARVInfo
Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.47 / sqft
Year BuiltBuilt in 1901

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesDog Run
Lot Size1.07 acres

Building Information

Year Built1955
Stories2
Roof Type105
Garage Spaces2

Land Information

APN58.3380.000.010.00.109 02
Lot Number10
SubdivisionDickson Addn
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 10 DICKSON ADDN 1.0724 AC
Census Tract061000
Assessed Land Value$25,000
Assessed Improvement Value$39,028
Assessment Year2023

About this property

Historical home sits on a beautiful corner lot, .727 acre just a few blocks from school. Sit & swing on the lrg front porch & enjoy the quite town of Milford & towering established trees. Walk in the front door into the oversized foyer. Main living area with 1 of the 4 beautifully decorative tiled fireplaces is to the right, pocket doors still work lead into the formal dining rm with another 1 of the beautiful fireplaces. Similar layout on the other side of the house. Nice sz closet & office space just off the back bdrm. Mud room at the back door allows for coming in from working outside. Kitchen has a built-in hutch a small brkfst rm just off the kitchen with enclosed laundry space. Upstairs there are two bdrm & a large attic space that can be finished out for additional rooms & a bathroom. Needs TLC but this could be quite the home when done. The charm is still there, wood work throughout in good condition. Must see to feel the history & appreciate this home. New survey required.

Investor Tools

Property Icon
$408,000
Estimated Property Value
$0Estimated Mortgage Balance
$408,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$255,791
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$64,028
2023
$25,000
$39,028
$64,028
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$64,028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
7.6%

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: Milford

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500 S Elm | Property Details | No Agent List