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$199,900

503 East Street, Josephine, TX, 75173

$259,870 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,096 Sq Ft
price_per_sqft$182.39 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Other
FlooringCarpet, Vinyl

Exterior

Lot Size14,375 sqft

Building Information

Year Built1951
Stories1

Land Information

APNR-6709-000-0320-1
Lot Number32
SubdivisionJohn Pennington Survey
Land UseResidential
Legal DescriptionABS A0709 JOHN PENNINGTON SURVEY, TRACT 32, .33 ACRES
Census Tract031201
Assessed Land Value$28,050
Assessed Improvement Value$100,717
Assessment Year2025

About this property

Here's your chance to own a great spot at an affordable price! Can you hear Opportunity knocking!! Here's your chance for that business you have wanted to own, great location in a fast-growing area. Commercial and residential in the immediate area, major highways within minutes. Property is .33 acres, older frame home that is occupied by owner, been in the family for many years! Home has an attached carport, fenced area for pets, then a detached building that's perfect for a man cave or you decide. This property has a lot of possibilities, so here's your chance to make it yours, with your plans, ideas and visions.

Investor Tools

$27,464Estimated Mortgage Balance
$170,536Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$259,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Vickie Davis

Vickies Real Estate Group, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$88
$128,767
2025
$28,050
$100,717
$128,767
No

Tax History

Year
Tax Paid
Assessed Value
2024
$88
$128,767

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank
Credit Line (Revolving) / Heloc
$9,000
No
First
Apr 28, 1999
Jun 2004

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,464
$170,536
86%
14%
$356/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Josephine

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