Street View

B+

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1view

Owner Contacts

$359,000

602 S Bounds St, Thrall, TX, 76578

Off Market

3 Beds

2 Bath

1,860 Sq Ft

Single Family Residence

$212.37 / sqft

Built in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size20,038 sqft

Building Information

Year Built1984

Stories1

Garage Spaces3

Land Information

APNR-01-1100-0013-0006

Lot Number1-6

SubdivisionOil City Add

Land UseResidential

Legal DescriptionOIL CITY ADDITION, BLOCK 13, LOT 1-6, ACRES .46

Census Tract020900

Assessed Land Value$60,000

Assessed Improvement Value$238,505

Assessment Year2025

About this property

Charming 3-Bedroom, 2-Bath Home in Thrall ISD! Located on a highly desirable corner lot in the sought-after Thrall Independent School District, this beautiful home boasts a spacious and tree-covered lot, nearly half an acre in size. Key Features: Fully Renovated Kitchen featuring stainless steel appliances, a farmhouse sink, sleek new cabinetry, and updated fixtures, making it the perfect space for cooking and entertaining. Updated Bathrooms: Fresh and modern touches throughout. Luxury Vinyl Plank Flooring: A stylish and durable flooring choice that adds both beauty and function to the home. Large Corner Lot: Almost half an acre with mature trees, offering plenty of outdoor space for relaxation or play. Whole-House Generator ensures you'll never have to worry about power outages, providing comfort and reliability for the entire home. Don't miss out on this incredible opportunity to own a home in this fantastic location with top-rated schools and a cozy, updated interior. Schedule your tour today!

Investor Tools

$359,000

Estimated Property Value

$0Estimated Mortgage Balance

$359,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,370 /month

Positive

Cash Flow Estimate:

$790 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$462/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,747

$298,505

2025

$60,000

$238,505

$298,505

Tax History

Year

Tax Paid

Assessed Value

2025

$3,747

$298,505

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$370,000

100%

$0/mo

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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