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$346,000

NAL Estimated Property Value

601 W 5th St, Maypearl, TX, 76064

$384,240 ARVInfo
SoldInfo
8/26/26
Beds3 Beds
Baths2 Bath
Baths2,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.34 / sqft
Year BuiltBuilt in 1932

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringCombination

Exterior

Exterior FeaturesStorage
Lot Size13,983 sqft

Building Information

Year Built1932
Stories2
Garage Spaces2

Land Information

APN50.3000.002.001.00.115
Lot Number1,2
SubdivisionClaunch-Rev
Land UseResidential
Legal DescriptionLOT 1-2 BLK 2 CLAUNCH-REV .321 AC
Census Tract060900
Assessed Land Value$74,250
Assessed Improvement Value$319,215
Assessment Year2025

About this property

Step into a piece of Maypearl history in this beautifully maintained 1932 home offering 4 bedrooms, 2 bathrooms, and 2,328 square feet on a spacious corner lot. Rich in character, this home features original hardwood floors, vintage trim, oversized windows, abundant natural light, and a welcoming living room with fireplace. The functional kitchen offers ample cabinetry and workspace, while the versatile upstairs game room or flex space provides endless possibilities. Enjoy relaxing on the inviting wraparound front porch beneath mature shade trees. Outside, you'll find an oversized covered carport and a large detached workshop with electricity, perfect for hobbies, storage, or a home business. Combining timeless craftsmanship with thoughtful updates, this one-of-a-kind property offers the charm of historic living with modern convenience, all just minutes from schools, downtown Maypearl, and an easy commute to Midlothian and Waxahachie.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$29,562Estimated Mortgage Balance
$316,852Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$384,240
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,439
$219,726
2025
$74,250
$319,215
$393,465
No

Tax History

Year
Tax Paid
Assessed Value
2018
$1,439
$219,726

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bankers Mortgage
Conventional
$64,000
No
First
Mar 24, 2006
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,562
$375,438
92%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
6.8%

Learn About the Market: Opportunity in Texas

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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.

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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: Maypearl

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