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$295,539

NAL Estimated Property Value

511 E Thomas St, Pilot Point, TX, 76258

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,499 Sq Ft
price_per_sqft$199.47 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave

Exterior

Lot Size15,263 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR40086
Lot Number7
SubdivisionPedigo 1
Land UseResidential
Legal DescriptionPEDIGO 1 BLK 2 LOT 7
Census Tract020118
Assessed Land Value$86,508
Assessed Improvement Value$209,031
Assessment Year2025

About this property

Nestled on a tranquil street, this 3-bedroom, 2-bathroom home exudes timeless charm. Resting on an amazing lot with mature trees. Step inside to discover a generous 1499 sq. ft. of living space with an open floor plan, perfect for family gatherings and entertaining. A 2-car garage, and an additional detached storage building offers ample space for your hobbies or extra storage needs. With its inviting ambiance and appealing features, this is the dream home you've been searching for.

Investor Tools

Property Icon
$295,539
Estimated Property Value
$289,219Estimated Mortgage Balance
$6,320Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$610
$295,539
2025
$86,508
$209,031
$295,539
No

Tax History

Year
Tax Paid
Assessed Value
2024
$610
$295,539

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$300,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,219
$6,320
2%
98%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,799/mo
+$173/mo
8.0%

City: Pilot Point

511 E Thomas St | Property Details | No Agent List