$237,000
NAL Estimated Property Value505 W Locust St, Whitewright, TX, 75491
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Linoleum
Exterior
Exterior FeaturesStorage
Lot Size10,629 sqft
Building Information
Year Built1962
Garage Spaces2
Land Information
APNX001 4505340
SubdivisionOtp Whitewright
Land UseResidential
Legal DescriptionOTP WHITEWRIGHT, BLOCK 49, ACRES .244
Census Tract000102
Assessed Land Value$47,829
Assessed Improvement Value$133,492
Assessment Year2025
About this property
1962 Built Brick Home on city lot that is 145x142. Pier&Beam foundation for easy access down under. Home has been loved by the current owner for many years and is now unable to address the needs of repair. Home offers 3br,2ba LR, Kit and step down den with wood burning fireplace. Large Primary bedroom with en-suite and additional exterior door that opens out onto the wood deck. Fenced backyard and small storage shed to convey. Mature and established neighborhood.
Investor Tools
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$237,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,677
$181,321
2025
$47,829
$133,492
$181,321
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,677
$181,321
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,000
100%
0%
$0/mo
