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$206,346

NAL Estimated Property Value

513 Smith Avenue, Everman, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,468 Sq Ft
price_per_sqft$85.15 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size8,638 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN13290-8-1
Lot Number1
SubdivisionEverman Place Addition
Land UseResidential
Legal DescriptionEVERMAN PLACE ADDITION BLOCK 8 LOT 1
Census Tract111202
Assessed Land Value$43,641
Assessed Improvement Value$162,705
Assessment Year2025

About this property

Single story 3-2 on a corner lot in established Everman subdivision with tons of potential. As you drive up, you're greeted by a white picket fence lining the well manicured front yard. Spacious kitchen provides plenty of counter space and cabinet storage, gas range and a generous-sized breakfast room. Off the kitchen is the living room, which is highlighted by the large brick fireplace. Double doors open to the huge backyard with deck shaded by mature trees! Storage shed conveys with home. Windows have been upgraded, making the home more efficient. The 2-car garage has an additional carport off the front. Commuters will appreciate easy access to I-20 and I-35W, plus a city park.

Investor Tools

Property Icon
$206,346
Estimated Property Value
$127,054Estimated Mortgage Balance
$79,292Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,238 /month
Positive
Cash Flow Estimate:
$413 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,514
$206,346
2025
$43,641
$162,705
$206,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,514
$206,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$137,362
Yes
First
Aug 18, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,054
$79,292
38%
62%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$858/mo
+$1,142/mo
11.6%

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: Everman

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513 Smith Avenue | Property Details | No Agent List