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$185,000

505 N Main St, Joshua, TX, 76058

$240,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.51 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2001

Land Information

APN126.3490.01310
Lot Number1R
Land UseResidential
Legal DescriptionLOT 1R BLK 8 ORIGINAL TOWN JOSHUA 126.5534.99923
Census Tract130214
Assessed Land Value$45,000
Assessed Improvement Value$142,404
Assessment Year2025

About this property

Charming country home with separate upstairs apartment, perfect for generational living. Large lot with room to roam! Downstairs kitchen has built in microwave and eat-in bar. Two downstairs living areas. Large laundry room has dual hookups for two sets of washers & dryers plus ample storage. Upstairs apartment has a separate entrance, and has full bath, kitchen, living, and bedroom. Enjoy quiet county evenings on the deck.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$183,205Estimated Mortgage Balance
$135,917Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$240,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,132
$187,404
2025
$45,000
$142,404
$187,404
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,132
$187,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$183,205
Yes
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,083
$135,917
45%
55%
$1,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,099/mo
+$828/mo
7.7%

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: Joshua

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505 N Main St | Property Details | No Agent List