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$148,000

NAL Estimated Property Value

606 S Catherine St, Terrell, TX, 75160

$192,400 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.44 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringLaminate, Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3710.0039.0004.00.06.06
Lot Number4B
SubdivisionTerrell Original
Land UseResidential
Legal DescriptionTERRELL ORIGINAL, BLOCK 39, LOT 4B, UNDIVIDED INTEREST 50.0000000000%
Census Tract050500
Assessed Land Value$25,534
Assessed Improvement Value$99,154
Assessment Year2025

About this property

Introducing an incredible investment opportunity located in the vibrant and growing city of Terrell, Texas! This spacious 4 bedroom, 2 bathroom property boasts an open floor plan, providing the perfect canvas for customization and personalization to suit your specific needs and vision. While still in need of all the finish outs, this property has already received significant updates, including brand new plumbing lines and electrical systems, ensuring a solid foundation for your investment. With ample space and a versatile layout, this property is primed and ready for you to add your own personal touches and finishes, creating a truly unique and attractive investment opportunity. Located in a highly desirable area with numerous new construction homes popping up, this property is sure to attract attention from both renters and buyers alike. Take advantage of the growing demand and invest in a property with both short and long-term potential. Seller will consider carrying note.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$493,818Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$192,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,789
$124,688
2025
$25,534
$99,154
$124,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,789
$124,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$255,290
Yes
First
Jul 29, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,818
N/A
0%
334%
$3,062/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: Terrell

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606 S Catherine St | Property Details | No Agent List