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$209,000

504 N 3rd St, Thorndale, TX, 76577

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.69 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Range, Microwave, Free-Standing Gas Oven
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,492 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APNR25647
Lot Number6
Land UseResidential
Legal DescriptionS15600 LIENDO (NORTHWEST) BLK 1 LOT 6
Census Tract950800
Assessed Land Value$39,930
Assessed Improvement Value$155,790
Assessment Year2025

About this property

Welcome to this charming one-story home located in the heart of downtown Thorndale, Texas. This home offers a great floor plan featuring 2 bedrooms, a flex room with a closet, and 2 full bathrooms. Upon entry, you are greeted with an open floor plan featuring the living room open to the kitchen. The kitchen boasts stylish grey cabinets, a farmhouse style kitchen sink, and a window with a beautiful view of the backyard. Just off of the kitchen is a large dedicated laundry room. The primary bedroom is a nice retreat towards the back of the home. Inside you will find a spacious bedroom which offers a private entrance and exit to the exterior. The primary bathroom features a separate standing shower, a jetted tub, and a large walk in closet. The secondary bedroom is large and just off of the living room. The flex space can serve as many different rooms- office space, bedroom, second living room, formal dining room, etc. Outside, you'll find a large backyard with a deck patio and a 14 x 17 shed that is currently used as a gameroom, but could easily be converted into a workshop or other functional space. Thorndale, Texas is a great location for those who want the charm of a small town with the convenience of big city amenities. With easy access to major highways and nearby cities like Austin and Round Rock, residents can enjoy a peaceful lifestyle without sacrificing access to shopping, dining, and entertainment options. This home offers added peace of mind with a one-car garage, a new roof replacement completed just 5 years ago, and most windows replaced in 2021, providing low-maintenance living for years to come.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$227,797Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,819
$195,720
2025
$39,930
$155,790
$195,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,819
$195,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$227,797
Yes
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,002
$25,998
10%
103%
$1,366/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,366/mo
+$260/mo
9.3%

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: Thorndale

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504 N 3rd St | Property Details | No Agent List