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$194,000

NAL Estimated Property Value

508 E Carnegie St, Winnsboro, TX, 75494

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.03 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringSimulated Wood, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size15,246 sqft

Building Information

Year Built1940

Land Information

APN39408
Lot Number6-10
Land UseResidential
Legal DescriptionLOT 6 THRU 10 BLK 22 .35 CITY OF WINNSBORO
Census Tract950200
Assessed Land Value$7,620
Assessed Improvement Value$169,160
Assessment Year2025

About this property

Come take a look at this adorable 2 bedroom, 1 bath, 1 car carport on .37 acres in historic Winnsboro, Texas. This home has a new roof, subfloor, beams, floor covering, plumbing, tankless water heater, exterior doors, underpinning, ventilation, kitchen appliances, kitchen light, toilet, mirror and lighting in bathroom all done in 2021. All appliances convey including Washer & Dryer! If you want to quit renting & start homeownership, this would be a great place to begin. Don't let this one pass you by~ come look today!

Investor Tools

Property Icon
$194,000
Estimated Property Value
$180,361Estimated Mortgage Balance
$13,639Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,752
$176,780
2025
$7,620
$169,160
$176,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,752
$176,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$188,000
Yes
First
Feb 2, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,361
$13,639
7%
93%
$1,128/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: Winnsboro

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508 E Carnegie St | Property Details | No Agent List