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$217,000

NAL Estimated Property Value

505 S Dudley St, Little River Academy, TX, 76554

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,448 Sq Ft
price_per_sqft$151.93 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Some Electric Appliances
FlooringCarpet, Wood

Exterior

Exterior FeaturesCovered Patio, Enclosed Porch, Patio, Private Yard, Storage
Lot Size24,938 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces4

Land Information

APN7632
Lot Number1
SubdivisionLanham And Lanham Subdivision 2nd Extens
Land UseResidential
Legal DescriptionLANHAM AND LANHAM SUBDIVISION 2ND EXTENSION, BLOCK 001, LOT 0001
Census Tract021400
Assessed Land Value$30,000
Assessed Improvement Value$144,406
Assessment Year2025

About this property

Charming Home with Endless Potential in Little River Academy, TX! Nestled in the heart of the town at the end of a quiet street in the highly sought-after Academy School District, this 3-bedroom, 2-bathroom home on over half an acre offers the perfect blend of comfort and privacy. The property boasts a stunning front porch, ideal for relaxing and enjoying the peaceful surroundings, while the expansive backyard provides a serene retreat with enclosed sunroom with no rear or side neighbors—just an unoccupied lot next door! Step inside and experience the original charm this home has to offer. With a spacious formal dining room, an office for all your work-from-home needs, and an enclosed sunroom patio that invites natural light, this home offers both function and style. The laundry room adds extra convenience, and the mature trees around the property provide shade and a touch of nature. The detached shop and shed—both equipped with electricity and lights—offer a perfect space for hobbies, storage, or extra activities. Whether you're an avid gardener, DIY enthusiast, or just looking for additional storage, this space has you covered. With its unique character and prime location, this home is brimming with potential to make it your own. Whether you're looking to renovate and update or simply enjoy the property as it is, the possibilities are endless! Don't miss your chance to own this gem in Little River Academy. Schedule a tour today!

Investor Tools

Property Icon
$217,000
Estimated Property Value
$222,037Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,195
$174,406
2025
$30,000
$144,406
$174,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,195
$174,406

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$216,015
Yes
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,037
N/A
0%
102%
$1,348/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$960/mo
$1,348/mo
$-388/mo
5.3%

Learn About the Market: Opportunity in Texas

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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.

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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: Little River Academy

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505 S Dudley St | Property Details | No Agent List