Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days0Days on Market
Views7view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$175,000

601 Locust St S, Sulphur Springs, TX, 75482

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.95 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1989

Land Information

APNR000002674
SubdivisionV A Addition
Land UseResidential
Legal DescriptionLOT: 2 BLK: 31 1 ADDN: V A ADDITION
Census Tract950401
Assessed Land Value$25,000
Assessed Improvement Value$135,370
Assessment Year2025

About this property

Well-maintained and move-in ready, this charming 2-bedroom, 1-bath home offers 1,042 square feet of comfortable living space on a desirable corner lot. Inside, you'll find spacious rooms throughout, along with a large walk-in closet in the primary bedroom. The home features a durable metal roof, convenient carport, and a storage shed in the backyard, providing plenty of additional functionality and storage. With its generous room sizes, practical features, and excellent upkeep, this home is a great opportunity for anyone looking for a comfortable and well-cared-for property.

Investor Tools

$32,769Estimated Mortgage Balance
$127,601Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Kip Childress

Freedom Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$388
$160,370
2025
$25,000
$135,370
$160,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$388
$160,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Heritage National Bank
Commercial
$40,000
No
First
Nov 3, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,769
$127,601
79%
20%
$240/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Sulphur Springs

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

601 Locust St S | Property Details | No Agent List