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$212,000

NAL Estimated Property Value

605 Park Street, Hillsboro, TX, 76645

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,280 Sq Ft
price_per_sqft$210.94 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesOther

Exterior

Lot Size7,492 sqft

Building Information

Year Built1945

Land Information

APN102616
Lot Number7A
SubdivisionMckenzie
Land UseResidential
Legal DescriptionMCKENZIE LT 7A
Census Tract961000
Assessed Land Value$8,230
Assessed Improvement Value$56,380
Assessment Year2025

About this property

Enjoy the country living in Hillsboro, Texas with convenience and a short drive to Dinning, Shopping and entertainment. This home has been well maintained and has so many upgrades with a 4 bedroom, 2 baths. You are welcomed by the open concept living area, with a cozy fireplace situated in the corner makes for an inviting environment. The spacious kitchen has been renovated with nice cabinets and flooring throughout the living and dining space. Best feature of this home it comes with the lot next door that will make great to build another home or a pool. Don't miss your opportunity to see this property!

Investor Tools

Property Icon
$212,000
Estimated Property Value
$6,860Estimated Mortgage Balance
$205,140Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$346
$64,610
2025
$8,230
$56,380
$64,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$346
$64,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Commercial
$7,070
No
First
Sep 27, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,860
$205,140
96%
3%
$43/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: Hillsboro

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605 Park Street | Property Details | No Agent List