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$279,000

NAL Estimated Property Value

502 W 3rd Street, Venus, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,529 Sq Ft
price_per_sqft$189.67 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave

Building Information

Year Built2024
Garage Spaces2

Land Information

APN126.4430.02860
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 28 ORIGINAL VENUS
Census Tract130413
Assessed Land Value$50,000
Assessed Improvement Value$219,300
Assessment Year2025

About this property

Welcome to your dream home in the charming city of Venus, TX! This fully remodeled 3-bed, 2-bath gem is a perfect blend of modern luxury and small-town charm. The open-concept living space, seamlessly connects the living, dining and kitchen areas. The kitchen boasts stainless steel appliances, including a stainless steel range, dishwasher and microwave, providing both style and functionality for your culinary adventures. Both bathrooms feature large walk-in showers that add a touch of elegance to your daily routine. This home sits on a spacious corner lot, providing ample outdoor space for entertaining or simply enjoying the fresh air. With schools and a park in close proximity, this location is ideal for families or anyone seeking a peaceful community atmosphere. Currently undergoing its final touches, this fantastic remodel is scheduled to be completed in April. Don't miss the opportunity to make this house your home.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$273,460Estimated Mortgage Balance
$5,540Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,196
$269,300
2025
$50,000
$219,300
$269,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,196
$269,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$284,113
No
First
Apr 30, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,460
$5,540
1%
98%
$1,704/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,704/mo
$-139/mo
6.7%

City: Venus

502 W 3rd Street | Property Details | No Agent List