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$96,000

NAL Estimated Property Value

501 W Main St, Atlanta, TX, 75551

$124,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,874 Sq Ft
price_per_sqft$79.51 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Electric Oven, Electric Water Heater
FlooringHardwood

Exterior

Lot Size9,017 sqft

Building Information

Year Built1940

Land Information

APN10877-40880-00000-000000
Lot Number88
Land UseResidential
Legal DescriptionJ RICHEY ABST 877 TR 88 .207 AC
Census Tract950400
Assessed Land Value$3,780
Assessed Improvement Value$74,870
Assessment Year2025

About this property

Charming Cottage in the Heart of Town! Welcome to this cute and spacious cottage perfectly situated in the heart of town! This home is full of character, featuring original hardwood floors in the living area, updated kitchen and bathroom flooring, and brand-new windows throughout. You’ll love the abundant natural light that fills every room, creating a warm and inviting atmosphere. The home offers 2 or 3 comfortable bedrooms and 2 full bathrooms. the large room at the back with its own private entrance—perfect for a third bedroom, home office, second living area, or flexible studio space. Located just steps from downtown shops, dining, and entertainment, this property offers incredible convenience and potential. Currently zoned residential, the location also presents the possibility for future commercial rezoning—an excellent opportunity for investors or small business owners. Don’t miss your chance to own this delightful home in one of the most desirable areas in town! Washer and Dryer and can be included with an acceptable offer. Intresting history of this home-- Built by the family that owned Price Hardware.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$0Estimated Mortgage Balance
$96,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$124,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$53/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$160
$78,650
2025
$3,780
$74,870
$78,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$160
$78,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,000
100%
0%
$0/mo

City: Atlanta

501 W Main St | Property Details | No Agent List