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$176,000

NAL Estimated Property Value

510 S Lake St, Waskom, TX, 75692

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,064 Sq Ft
price_per_sqft$169.08 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Refrigerator, Gas Water Heater
FlooringTile

Exterior

Lot Size13,068 sqft

Building Information

Year Built1968
Stories1
Garage Spaces1

Land Information

APN02220.00730.00000.000000
Lot Number13
SubdivisionOl Se
Land UseResidential
Legal DescriptionACRES: 0.300 LOT: PT 13 SUBD: OL SE HSE
Census Tract020106
Assessed Land Value$6,530
Assessed Improvement Value$103,200
Assessment Year2025

About this property

MOTIVATED SELLER!!!! This 2 bedroom, 2 bath really is the ideal home for someone looking for comfort and modern upgrades! The combination of energy-efficient systems like the HVAC and tankless water heater, along with the fresh finishes like paint inside and outside, flooring, and windows, makes it a move-in-ready option. The corner lot offers extra space which is a big plus. And being near I-20 and schools gives it that extra layer of convenience for commuting or family life.

Investor Tools

Property Icon
$176,000
Estimated Property Value
$166,348Estimated Mortgage Balance
$9,652Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$244
$109,730
2025
$6,530
$103,200
$109,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$244
$109,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$167,810
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,348
$9,652
5%
95%
$1,007/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.

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: Waskom

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