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$151,920

NAL Estimated Property Value

502 South Street, Ladonia, TX, 75449

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,302 Sq Ft
price_per_sqft$76.04 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size2.39 acres

Building Information

Year Built1913
Garage Spaces2

Land Information

APN75015
Land UseResidential
Legal DescriptionA0352 A J ERWIN, ACRES 2.39
Census Tract950500
Assessed Land Value$64,120
Assessed Improvement Value$87,800
Assessment Year2025

About this property

**HUGE PRICE IMPROVEMENT** A great opportunity to live in the country with the benefits of city water and sewer on a fully fenced 2.39 acres. Bring your horses to this peaceful home. Tax records state home built in 1903, but since purchased in 2010,the owner has installed full fence,gates, updated kitchen, large bathroom with full size laundry area,exterior siding, new green metal roof and decking 2019, covered front porch, open back deck, 3 carports, storage building,workshop with electricity,garage 2 vehicles. Middle bedroom transformed into den or mancave. Rustic farmhouse feel by smart use of reclaimed wood and sliding barn door to the master. Check out close proximity to Bois D'Arc Lake under development

Investor Tools

Property Icon
$151,920
Estimated Property Value
$83,387Estimated Mortgage Balance
$68,533Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$327
$151,920
2025
$64,120
$87,800
$151,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$327
$151,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$94,050
No
First
Jul 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,387
$68,533
45%
55%
$564/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: Ladonia

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502 South Street | Property Details | No Agent List