$223,000
NAL Estimated Property Value507 S Ostrom Ave, Eastland, TX, 76448
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About this property
Motivated seller now offering buyer concessions with an acceptable offer! This unique and beautifully remodeled 3-bedroom, 2-bath home offers 1,330 sq ft of comfortable living space in a prime Eastland location near all Eastland ISD schools. The two-story layout provides a functional flow with fresh updates throughout, blending modern style with original character. Enjoy a private backyard perfect for relaxing or entertaining, along with a detached garage for parking, storage, or workspace. With recent renovations, great location, and seller assistance available, this property presents an excellent opportunity for buyers looking for value in today’s market. Schedule your showing today! • FHA Cancellation Clause: “Seller may cancel this Agreement prior to the ending date of the listing period without advance notice to the Broker, and without payment of a commission or any other consideration if the property is conveyed to the mortgage insurer or the mortgage holder. The sale completion is subject to approval by the mortgagee.” [note: FHA will also accept clause from the ATP (90045) which matches the FNMA verbiage] • FHA Listing Agreement Contingency Clause. “Sale of the property is contingent on written agreement to all sale terms by the mortgage holder and the mortgage insurer (if applicable).”
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Eastland
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