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$148,000

502 E Tips Street, Three Rivers, TX, 78071

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.2 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size14,000 sqft

Building Information

Year Built1960

Land Information

APN0100-0053-0003-00
Lot Number3,4
Land UseResidential
Legal DescriptionTHREE RIVERS BLOCK 53 LOT 3 & 4
Census Tract950100
Assessed Land Value$18,200
Assessed Improvement Value$63,340
Assessment Year2025

About this property

Welcome to 502 E Tips St in Three Rivers, TX — a charming 2-bedroom, 1-bath home offering 1,044 sq ft of comfortable living space. This well-maintained property features a functional layout with inviting living areas and ample natural light throughout. Enjoy outdoor living in the large backyard, complete with a privacy fence—great for pets, entertaining, or relaxing evenings at home. Conveniently located near local schools, shopping, and dining, this home is an excellent opportunity. Schedule your private showing

Investor Tools

Property Icon
$148,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$897 /month
Positive
Cash Flow Estimate:
$299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,500
$81,540
2025
$18,200
$63,340
$81,540
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,500
$81,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$149,500
Yes
First
Mar 4, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,285
N/A
0%
101%
$897/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.

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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: Three Rivers

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502 E Tips Street | Property Details | No Agent List