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Days3631Days on Market
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$359,900

505 Marshall Dr, Belton, TX, 76513

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,952 Sq Ft
price_per_sqft$184.38 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Refrigerator, Water Heater, Some Electric Appliances, Microwave, Range
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesCovered Patio, Fire Pit, Private Yard
Lot Size9,601 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN367525
Lot Number20
SubdivisionSaddle Creek Addition Phase One
Land UseResidential
Legal DescriptionSADDLE CREEK ADDITION PHASE ONE, BLOCK 001, LOT 0020
Census Tract021601
Assessed Land Value$42,000
Assessed Improvement Value$250,936
Assessment Year2025

About this property

Charming 3-bedroom, 2.5-bath home offering just under 2,000 square feet of comfortable living space in the highly sought-after Belton ISD. The inviting living area features a cozy fireplace, while the formal dining area provides a welcoming space for gatherings and entertaining. The primary bedroom includes a charming nook—perfect for a reading area, home office, or sitting space. An outdoor half bath offers excellent potential for a future pool area or outdoor entertaining space. Conveniently located just minutes from downtown Belton, restaurants, shopping, and I-35 for easy commuting.

Investor Tools

$218,673Estimated Mortgage Balance
$112,600Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Hannah Tatum

Spradley Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,402
$292,936
2025
$42,000
$250,936
$292,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,402
$292,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$241,300
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,673
$98,327
31%
66%
$1,447/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: Belton

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505 Marshall Dr | Property Details | No Agent List