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$241,000

NAL Estimated Property Value

5512 Korth Street, Sansom Park, TX, 76114

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,332 Sq Ft
price_per_sqft$224.47 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size11,008 sqft

Building Information

Year Built1950
Stories1

Land Information

APN37440-28-4
Lot Number4
SubdivisionSansom Park Addition
Land UseResidential
Legal DescriptionSANSOM PARK ADDITION BLOCK 28 LOT 4
Census Tract110402
Assessed Land Value$62,016
Assessed Improvement Value$112,901
Assessment Year2025

About this property

Completely reimagined and renovated down to the studs, this stunning home at 5512 Korth Street offers the perfect blend of modern finishes and timeless charm. Situated on an oversized quarter-acre lot, this move-in-ready property features a thoughtfully redesigned floor plan, updated systems, and stylish upgrades throughout. The bright, open-concept living spaces flow seamlessly into a beautifully updated kitchen, creating the ideal setting for both everyday living and entertaining. Outside, you'll find endless possibilities with a spacious backyard and a detached workshop—perfect for hobbies, storage, a home business, or future expansion. Conveniently located near parks, shopping, dining, and major highways, this fully renovated Sansom Park gem is a rare opportunity to enjoy modern living on a large lot with room to grow. The property is approximately 1,332 square feet on a 0.25-acre lot.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$233,416Estimated Mortgage Balance
$7,584Estimated Equity
3% 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
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$281
$174,917
2025
$62,016
$112,901
$174,917
No

Tax History

Year
Tax Paid
Assessed Value
2025
$281
$174,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secured Investment Corp
Building Or Construction Loan
$237,600
No
First
Jun 13, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,416
$7,584
3%
97%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,425/mo
+$502/mo
9.6%

City: Sansom Park

5512 Korth Street | Property Details | No Agent List