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$348,000

519 FM 623, Pettus, TX, 78146

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.83 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesBalcony, Lighting
Lot Size38,198 sqft

Building Information

Garage Spaces1

Land Information

APN9526
Lot Number7-10
SubdivisionPettus
Land UseResidential Single Family
Legal DescriptionPETTUS BLK 25 LOTS 7 THRU 10 & S 41 OF 3-6
Census Tract950100
Assessed Land Value$13,970
Assessed Improvement Value$132,120
Assessment Year2025

About this property

Experience timeless elegance in this grand 4 bedroom, 4 bath Prairie -Style estate, with the perfect blend of historic charm and modern upgrades. Major improvements include Metal Roof, new efficient windows, HVAC, cement fiberboard siding with Tyvek wrap and added insulation, plus updated electrical and plumbing. A NEW downstairs primary suite adds convenience and the addition of a new bath upstairs enables all bedrooms to have their own private bath! The original high ceilings, elegant staircase, hardwood moldings, leaded glass accents and some original light fixtures remind one of the historic charm and quality craftmanship that built this home. The 3rd owner of the home purchased the True Light Baptist Church and extended it off the back of the original home creating a spacious great room ideal for gatherings, parties, etc. You will enjoy the refurbished entertainment size deck and the separate building that houses the garage, large office or studio with bath and adjourning carport. The .877 ac lot is fenced and allows plenty of room for pets, garden and more.

Investor Tools

$0Estimated Mortgage Balance
$311,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Janet DiMaggio

Rabe Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,713
$146,090
2025
$13,970
$132,120
$146,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,713
$146,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,000
100%
0%
$0/mo

City: Pettus