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$294,000

507 W Burleson St, Marshall, TX, 75670

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,287 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.48 / sqft
Year BuiltBuilt in 1880

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Microwave, Refrigerator, Electric Water Heater
FlooringHardwood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size16,901 sqft

Building Information

Year Built1880

Land Information

APN03040.01300.00000.000000
Lot Number72
SubdivisionOl Nw
Land UseResidential
Legal DescriptionACRES: 0.388 LOT: PT 72 SUBD: OL NW HSE
Census Tract020401
Assessed Land Value$5,920
Assessed Improvement Value$277,100
Assessment Year2025

About this property

Beautiful Historic Home Close to Downtown! Magnificent woodwork throughout this showplace with high ceilings, spacious rooms and light and bright. 4 or 5 Bedrooms with 3.5 baths, 2 living areas, a formal dining room, a sunroom off the kitchen, a wet bar, an upstairs front balcony and wrap around front porch. This home boasts TWO primary suites, one downstairs with an adjoining room that could be an office, nursery, 5th bedroom or a separate sitting room. The Grand-primary suite is upstairs with a fabulous walk-in closet and large bathroom. Two other guest rooms upstairs with shared bath. With approximately 4287 square feet this home is perfect for entertaining. You are sure to feel the character and charm of the past with modern luxuries of this home. Don't miss the opportunity to own a piece of Marshall history! New shingles!! April 2025

Investor Tools

Property Icon
$294,000
Estimated Property Value
$108,552Estimated Mortgage Balance
$235,450Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,233
$283,020
2025
$5,920
$277,100
$283,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,233
$283,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Standard Mortgage Corp
Conventional
$108,552
No
First
Mar 7, 2008
Apr 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,550
$235,450
80%
20%
$0/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: Marshall

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507 W Burleson St | Property Details | No Agent List