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$228,000

NAL Estimated Property Value

507 2nd St, Moody, TX, 76557

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
price_per_sqft$144.46 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size9,278 sqft

Building Information

Year Built1922
Stories1
Roof Type105

Land Information

APN380035000009020
Lot Number2,4
SubdivisionFullview
Land UseResidential
Legal DescriptionFULLVIEW LOT 2 4 BLOCK 5 ACRES .213
Census Tract003802
Assessed Land Value$9,840
Assessed Improvement Value$33,800
Assessment Year2025

About this property

Welcome to 507 S 2nd Street in Moody, Texas — a beautifully remodeled home where timeless charm meets modern efficiency. From the moment you arrive, the inviting wrap-around porch sets the tone for relaxed Texas living, offering the perfect spot to enjoy morning coffee, evening sunsets, or friendly neighborhood chats. Step inside to discover a thoughtfully updated interior that blends warmth and sophistication. Every detail has been refreshed, from the floors and lighting to the kitchen, bathrooms, and trim work, creating a cohesive space that feels brand-new yet full of character. The open layout provides an effortless flow between living areas, perfect for both everyday comfort and entertaining. Beyond the beauty, this home has been upgraded with foam insulation, ensuring exceptional energy efficiency, consistent comfort, and a quiet indoor environment. Tucked in the heart of Moody, this home offers small-town charm with easy access to nearby schools, shopping, and dining. Whether you’re drawn to its craftsmanship, efficiency, or classic Southern porch appeal, 507 S 2nd Street is a rare find that’s move-in ready and waiting to welcome you home.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$940
$43,640
2025
$9,840
$33,800
$43,640
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$940
$43,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
N/A
+$1,360/mo
7.2%

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.

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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: Moody

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507 2nd St | Property Details | No Agent List