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A+
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$126,000

508 Cedar Street, Overton, TX, 75684

$163,800 ARVInfo
Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.32 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Microwave, Electric Water Heater

Exterior

Lot Size16,100 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN15434
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 7 HILLCREST
Census Tract950400
Assessed Land Value$18,000
Assessed Improvement Value$104,410
Assessment Year2024

About this property

Discover a promising investment opportunity with this charming residential property located in Overton, Texas. Set on a 0.369-acre lot, this home offers 1705 square feet of efficient living space, making it an excellent option for buyers or investors seeking affordability, convenience, and potential. The exterior features a durable asphalt shingles roof, providing long-lasting protection and low-maintenance appeal. Inside, the home includes 3 bedrooms and two and a half bathrooms, offering afunctional layout that maximizes every square foot. The attached two-car garage adds valuable storage and parking flexibility, enhancing the property’s overall practicality. Whether used as a primary residence or added to a growing rental portfolio, this home’s layout and location make it a standout choice. The spacious lot provides room for outdoor improvements, gardening, or future expansion opportunities. Situated within Overton ISD, the property offers access to a small, community-focused school district that is ideal for families. With its solid structure, desirable features, and flexible appeal, this Overton home is perfectly positioned to become your next successful investment or comfortable everyday retreat.

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$9,180Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$163,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,051
$122,410
2024
$18,000
$104,410
$122,410
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2022
$1,051
$122,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$117,500
No
First
Jan 21, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,820
$9,180
7%
93%
$705/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: Overton

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508 Cedar Street | Property Details | No Agent List