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$117,900

505 Comer, Carthage, TX, 75633

$153,270 ARVInfo
PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.91 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
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

$161,538Estimated Mortgage Balance
$132,530Estimated Equity
0% 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

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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

City: Carthage

505 Comer | Property Details | No Agent List