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A+
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$84,000

NAL Estimated Property Value

502 S Owensville St, Franklin, TX, 77856

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,494 sqft

Land Information

APN060000-006120
Land UseResidential
Legal DescriptionLT N63'OF 17 BL 67 FRANKLIN 1523/135 0.195 ACRES
Census Tract960300
Assessed Land Value$10,716
Assessed Improvement Value$34,121
Assessment Year2025

About this property

Welcome to this adorable 1 bedroom, 1 bathroom home nestled in the charming town of Franklin, TX. Perfect for a cozy lifestyle, this home is situated on a city lot, offering a spacious back yard for outdoor activities and relaxation. The interior of the home features a well-designed layout, ensuring maximum functionality and comfort. Located within close proximity to shopping, this home offers the convenience of easy access to all the essential amenities. Whether you need to pick up groceries or run errands, you'll appreciate the convenience of having everything just a short distance away. Don't miss the opportunity to make this charming 1 bed, 1 bath home your own. Embrace the small-town charm of Franklin, TX, and enjoy a comfortable lifestyle in this lovely home.

Investor Tools

Property Icon
$84,000
Estimated Property Value
$309,080Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$504 /month
Positive
Cash Flow Estimate:
$168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$847
$44,837
2025
$10,716
$34,121
$44,837
No

Tax History

Year
Tax Paid
Assessed Value
2025
$847
$44,837

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Trust Co Na
Open End Mortgage / Open End With Future Advance Clause
$51,892
No
First
May 12, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,080
N/A
0%
368%
$1,938/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: Franklin

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502 S Owensville St | Property Details | No Agent List