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$77,900

506 Craig Street, Hillsboro, TX, 76645

$101,270 ARVInfo
PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$49.06 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringVinyl, Wood

Exterior

Lot Size14,810 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APN115017
Lot Number4
SubdivisionThompson Place
Land UseResidential
Legal DescriptionTHOMPSON PLACE LT 4
Census Tract960800
Assessed Land Value$21,180
Assessed Improvement Value$188,180
Assessment Year2025

About this property

This 1930's home is a 2-bedroom, 2-bath home with a sunroom and detached 2-car garage is located in a Hillsboro neighborhood. This is a Fannie Mae Homepath property.

Investor Tools

$117,272Estimated Mortgage Balance
$107,728Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$101,270
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$762
$209,360
2025
$21,180
$188,180
$209,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$762
$209,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$135,375
No
First
Nov 25, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,272
$107,728
47%
52%
$812/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: Hillsboro

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506 Craig Street | Property Details | No Agent List