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$442,000

NAL Estimated Property Value

507 E Main Street, Whitesboro, TX, 76273

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths3,000 Sq Ft
price_per_sqft$133 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size32,626 sqft

Building Information

Year Built1930
Stories1
Roof Type109
Garage Spaces4

Land Information

APNW005 1041037
SubdivisionRitchey William A-G1041
Land UseResidential
Legal DescriptionG-1041 RITCHEY WILLIAM A-G1041, ACRES .749
Census Tract001103
Assessed Land Value$75,692
Assessed Improvement Value$275,501
Assessment Year2025

About this property

Big 6-bedroom, 2.5 bath home on huge three quarter acre lot is perfect for your large family. Located in a peaceful neighborhood on historic Main Street, home is walking distance to Downtown Whitesboro. Beautiful shady treed lot. 24 x 30' 3-space garage with electrified workshop and two additional outbuildings provide ample space for your cars & lawn equipment. New paint on all ceilings, walls, doors and trim. New granite vanities and tile floors in bathrooms. New tile shower in master, new tile tub-shower combo in upstairs bathroom. New roof installed 2020. Original pine hardwood flooring is fully restored. New luxury vinyl plank flooring in kitchen and utility areas. New tile floors in baths and sunroom. Upstairs bedrooms have new carpet. Kitchen features hickory cabinets and walk in pantry, dishwasher, refrigerator, built in microwave and new gas range. Full width 10' x 30' covered front porch. Separate central heat and air units upstairs and downstairs.

Investor Tools

Property Icon
$442,000
Estimated Property Value
$73,904Estimated Mortgage Balance
$368,096Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,417
$351,193
2025
$75,692
$275,501
$351,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,417
$351,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$75,000
No
First
Jul 14, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,904
$368,096
83%
17%
$450/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.

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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: Whitesboro

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