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A+
NoAgentList RatingHow are grades calculated? Info
Days286Days on Market
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$117,900

505 Comer, Carthage, TX, 75633

$153,270 ARVInfo
On MarketInfo
Beds4 Beds
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.91 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
AppliancesElectric Water Heater

Exterior

Lot Size6,120 sqft

Building Information

Year Built1945

Land Information

APN17403
Lot Number3
SubdivisionAdolphus Moorman Survey A-
Land UseResidential
Legal DescriptionBLK 62 LT 3 P-3
Census Tract950401
Assessed Land Value$14,360
Assessed Improvement Value$118,170
Assessment Year2025

About this property

Excellent opportunity for a 4 bedroom, 2 Bath home situated with in the city limits, conveniently located just off West Panola. The design features an inviting open concept living and kitchen area, ideal for family gatherings and entertaining guests. The primary bedroom is spacious, and the additional bonus rooms offer a lot of flexibility< they can easily be transformed into offices, game rooms, or extra storage spaces accommodating various needs. The house boasts ample cabinetry and countertop space, making it perfect for cooking enthusiasts or anyone who appreciates a well-organized kitchen. Recent upgrades include a new roof, several new windows, and a fresh coat of paint. Additionally, the backyard is equipped with a workshop and storage building, providing great outdoor space for projects or hobbies.

Investor Tools

Property Icon
$132,530
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$153,270
Rent-to-Value Ratio: 0.72%
Rent Estimate
$795 /month
Positive
Cash Flow Estimate:
$265 /month

Interested in this property?

Theresa Hull

Theresa Hull Hometown Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,059
$132,530
2025
$14,360
$118,170
$132,530
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,059
$132,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank & Trust Co Inc
Unknown
$220,000
No
First
May 27, 2014
Jun 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,538
N/A
0%
122%
$1,320/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: Carthage

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505 Comer | Property Details | No Agent List