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B+
NoAgentList RatingHow are grades calculated?Info

$178,000

NAL Estimated Property Value

509 Carter St, Sulphur Springs, TX, 75482

Off MarketInfo
Beds2 Beds
Baths936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.19 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater

Building Information

Year Built1946

Land Information

APNR000003976
Land UseResidential
Legal DescriptionLOT: 506 BLK: 48 3 TOWN: SULPHUR SPRINGS 65X100
Census Tract950600
Assessed Land Value$25,000
Assessed Improvement Value$95,280
Assessment Year2025

About this property

This charming frame house features a thoughtful and stylish renovation, perfect for anyone seeking comfort and convenience. Luxury vinyl plank flooring and a neutral color palette create a warm, versatile space ready to match your style. Enjoy an updated kitchen with its sleek countertops, new cabinets, and brand-new electric range, vent hood, and dishwasher. One full bathroom includes a walk-in shower, while the other features a tub-shower combo to meet all your needs. The open-concept living space is paired with a split-bedroom floor plan, providing both functionality and privacy. Along with many other upgrades, the roof was replaced in 2023, and foundation work has been completed with a 10-year transferable warranty, giving you peace of mind. This home is ideally located within walking distance of Pacific Park, which offers incredible amenities, including a playground for the kids, a splash pad to beat the summer heat, an outdoor fitness court for active lifestyles, a large pavilion, and the beautiful HW Grays building for hosting events. Just blocks from downtown Sulphur Springs, you'll enjoy boutique shopping, delicious restaurants, and lively events at Celebration Plaza. With its modern updates, convenient location, and move-in-ready condition, this might just be the home you've been waiting for!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$110,362Estimated Mortgage Balance
$67,638Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$340
$120,280
2025
$25,000
$95,280
$120,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$340
$120,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$112,000
No
First
Jul 3, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,362
$67,638
37%
62%
$672/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: Sulphur Springs

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509 Carter St | Property Details | No Agent List