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$265,000

501 Como Street S, Sulphur Springs, TX, 75482

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,371 Sq Ft
price_per_sqft$111.77 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher

Building Information

Year Built1970
Garage Spaces2

Land Information

APNR000004037
SubdivisionBritton
Land UseResidential
Legal DescriptionLOT: 9 10 BLK: 48 4 3 ADDN: BRITTON
Census Tract950600
Assessed Land Value$25,000
Assessed Improvement Value$174,990
Assessment Year2025

About this property

Spacious and thoughtfully designed, this 4-bedroom, 3-bath home offers comfort, functionality, and room to spread out. The primary suite is a true retreat, featuring an impressive his-and-hers bathroom layout with dual walk-in closets, providing both privacy and generous storage. The kitchen has been updated with modern appliances, creating a fresh and functional space for everyday living or entertaining. The sunroom provides a bright and relaxing space that can be accessed from both the living room and the primary bedroom, making it the perfect spot for morning coffee, reading, or enjoying views of the backyard. One of the standout features of the home is the fourth bedroom with its own en suite bathroom, making it an ideal home office, gym, guest suite, or private mother-in-law space. The property also includes a two-car garage, adding convenience and additional storage. With a versatile layout and thoughtful features throughout, this home offers the flexibility to fit a variety of lifestyles.

Investor Tools

$183,635Estimated Mortgage Balance
$108,365Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

Interested in this property?

Sydney Gee

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$943
$199,990
2025
$25,000
$174,990
$199,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$943
$199,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$187,500
No
First
Mar 11, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,635
$108,365
37%
63%
$1,125/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: Sulphur Springs

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