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$375,000

533-535 E Ball Street, Tom Bean, TX, 75489

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths6 Bath
Baths2,840 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 6Bathrooms 6
AppliancesDisposal, Other
FlooringOther

Exterior

Lot Size6,421 sqft

Building Information

Year Built2024

Land Information

APNN001 6260005
Lot Number5
SubdivisionKennington Addition Replat Lt 2 3 & 4 Lo
Land UseReal-Residential Duplexes
Legal DescriptionKENNINGTON ADDITION REPLAT LT 2 3 & 4 LOPEZ ADDITION, LOT 5, ACRES .1474
Census Tract001802
Assessed Land Value$47,963
Assessed Improvement Value$190,685
Assessment Year2025

About this property

UNFINISHED DUPLEX in growing community of Tom Bean Tx in Grayson County. Located minutes from the high growth area of Sherman. This property offers each side being a 3br 2.5 bath unit at 1655sf and leases for $1550 per side when complete. Builder must sell either AS IS at current asking price or can be finished out for an additional cost to the Buyer. Interior pics coming soon of current state of construction along with finished out pics from previous completed units for completed reference.

Investor Tools

$313,972Estimated Mortgage Balance
$238,648Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$842
$238,648
2025
$47,963
$190,685
$238,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$842
$238,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Tom Bean
Commercial
$330,000
No
First
Dec 5, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,972
N/A
0%
132%
$1,979/mo

City: Tom Bean

533-535 E Ball Street | Property Details | No Agent List