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$170,000

587 N Race St, Stephenville, TX, 76401

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$98.13 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesNone
FlooringWood

Exterior

Lot Size8,146 sqft

Building Information

Year Built1852

Land Information

APNR000032547
Lot Number5
SubdivisionMillican & Ott Addition
Land UseResidential
Legal DescriptionS5100 MILLICAN & OTT ADDITION; BLOCK 2;, LOT 5 & 6A
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$83,300
Assessment Year2025

About this property

Priced to sell quick!! Property Will be Delivered Vacant and Cleaned. Welcome to your future home! This 3-bedroom, 1-bathroom gem spanning 1120 square feet awaits your personal touch. While it may need a bit of updating, it's the perfect canvas for your family to create a cozy haven. With its ideal location and endless potential, this property is ready to be transformed into the home of your dreams. Don't miss out on this opportunity to make memories that last a lifetime!

Investor Tools

Property Icon
$170,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$123,300
2025
$40,000
$83,300
$123,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$123,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$170,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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: Stephenville

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587 N Race St | Property Details | No Agent List