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$524,000

NAL Estimated Property Value

602 W 3rd Street, Dodd City, TX, 75438

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.97 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard
Lot Size3.73 acres

Building Information

Year Built2000
Garage Spaces2

Land Information

APN99259
Land UseResidential
Legal DescriptionA0990 H SMITH, ACRES 3.729
Census Tract950500
Assessed Land Value$162,440
Assessed Improvement Value$327,290
Assessment Year2025

About this property

MARCH 2024 updates: include all interior repainted, HVAC ducts cleaned, all plugs and switches replaced, new carpet, all ac grilles replaced, new door hinges and knobs all updated to black. This large floor plan brick home is inviting and spacious as it sits on a 3.79-acre lot in the quaint town of Dodd City, Texas. The property exudes a sense of rural charm, surrounded by open spaces and outside entertaining areas. This 4-bedroom 3-bathroom home is ready for its new owners, loafing sheds included. The master suite with walk in closets and large bathroom will be your favorite place to relax. The second bath is a full bath in the main hall. The third bath is a jack and jill bath between bedrooms 3 and 4. The kitchen allows for more seating with an eat at bar adjacent to the breakfast nook, both of which are open to the main living making this a great home for entertaining. The fireplace was just remodeled with custom stonework that fits beautifully in the living room as a focal point.

Investor Tools

Property Icon
$524,000
Estimated Property Value
$381,848Estimated Mortgage Balance
$142,152Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,144 /month
Positive
Cash Flow Estimate:
$1,048 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,122
$489,730
2025
$162,440
$327,290
$489,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,122
$489,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Commercial
$400,000
No
First
Nov 30, 2023
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,848
$142,152
27%
73%
$2,399/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.

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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: Dodd City

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602 W 3rd Street | Property Details | No Agent List