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$222,000

NAL Estimated Property Value

502 East Main, Bishop, TX, 78343

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.84 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size8,233 sqft

Building Information

Year Built2000
Roof Type105

Land Information

APN0696-0047-0080
Lot Number8
SubdivisionBishop T/S
Land UseResidential
Legal DescriptionBISHOP T/S W40' OF LT 8 BLK 47 & ADJ ST
Census Tract006100
Assessed Land Value$9,983
Assessed Improvement Value$96,161
Assessment Year2025

About this property

Charming 3-Bed, 2-Bath Home – Fully Rebuilt & Move-In Ready! This stunning home has been completely rebuilt from the studs up, offering a fresh, modern feel with bright, airy spaces and soaring ceilings. The open floor plan features split bedrooms for privacy, while the oversized island in the kitchen provides ample space for breakfast or entertaining guests. Granite countertops shine in all wet areas, complementing the designer tile in the bath and shower. Situated on a spacious corner lot, this home boasts an inviting front porch, perfect for relaxing evenings. A separate laundry room adds convenience, and the prime location is just a short walk to local schools. Don’t miss this beautifully updated home—schedule your showing today!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$216,205Estimated Mortgage Balance
$5,795Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,960
$106,144
2025
$9,983
$96,161
$106,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,960
$106,144

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$219,746
Yes
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,205
$5,795
2%
97%
$1,318/mo

City: Bishop

502 East Main | Property Details | No Agent List