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$310,000

508 Chestnut Lane, Saginaw, TX, 76179

$330,361 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.58 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,712 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN8537C-4-22
Lot Number22
SubdivisionCourts Of Willow Creek Addn
Land UseResidential
Legal DescriptionCOURTS OF WILLOW CREEK ADDN BLOCK 4 LOT 22
Census Tract114014
Assessed Land Value$70,000
Assessed Improvement Value$195,179
Assessment Year2025

About this property

Opportunity knocks!!! Check out this 4-2-2 in great neighborhood. Just walking distance to a local park and to the community pool. Needs updating but priced to sell. All of the heavy lifting has been done including foundation work with lifetime transferrable warranty (November 2022), new roof 2019. Sheetrock work has not been completed after the foundation was repaired. You get to choose the flooring and paint. Great layout with spacious living area and master bedroom and split bedroom arrangement. Don't wait. This one will not last long.

Investor Tools

Property Icon
$333,000
Estimated Property Value
$0Estimated Mortgage Balance
$66,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$330,360
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$299/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,599
$265,179
2025
$70,000
$195,179
$265,179
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,599
$265,179

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$283,882
Yes
First
Jan 30, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,412
$66,588
19%
80%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,002/mo
+$708/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Saginaw

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508 Chestnut Lane | Property Details | No Agent List