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$289,900

501 S Irick St, Pilot Point, TX, 76258

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.26 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOutdoor Grill, Outdoor Kitchen
Lot Size18,208 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR41384
SubdivisionC. Smith
Land UseResidential
Legal DescriptionA1139A C. SMITH, TR 472, .418 ACRES
Census Tract020118
Assessed Land Value$91,476
Assessed Improvement Value$139,502
Assessment Year2025

About this property

Don't miss out on this lovely property in Pilot Point. When you walk in, the living area looks into the dining area that has a picture window to have views of the backyard. The kitchen has been updated with granite and a gas stove .The stainless undermount sink has a window above it. The kitchen looks into the dining area where there is a second picture window that has views to the back as well. The home is light and bright with recent new paint colors. Down the hall are 3 bedrooms and 2 baths. Outside you will find a stone patio, stone fireplace and stone cook center to enjoy in the evening with family. The lot is very large and has room to play ball with the kids or store heavy lawn equipment. There is also a storage room and dog kennel. Extra parking is great if you need to store a RV or boat on the side. The is also a long stone sidewalk that goes from the driveway around the back of the house. Your children would have a short walk to the high school, and you are minutes away from the grocery store and restaurants. This home is a must see today.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$235,000Estimated Mortgage Balance
$32,490Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,149
$230,978
2025
$91,476
$139,502
$230,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,149
$230,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$235,000
Yes
First
Apr 25, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,510
$32,490
12%
88%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,409/mo
+$563/mo
9.0%

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: Pilot Point

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501 S Irick St | Property Details | No Agent List