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$440,000

607 W Walnut St, Celina, TX, 75009

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,850 Sq Ft
price_per_sqft$237.84 / sqft
Year BuiltBuilt in 1909

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer
FlooringConcrete, Tile, Wood

Exterior

Lot Size14,566 sqft

Building Information

Year Built1909
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1023-086-0020-1
Lot Number2
SubdivisionCelina Original Donation (Ccl)
Land UseResidential
Legal DescriptionCELINA ORIGINAL DONATION (CCL), BLK 86, LOT 2
Census Tract030306
Assessed Land Value$436,994
Assessed Improvement Value$389,138
Assessment Year2025

About this property

Welcome to 607 West Walnut, a rare piece just one block from downtown Celina. Built in 1909, this charming home is full of nostalgia, from its inviting front porch to the character only a century of stories can create, yet it has been thoughtfully updated for today's lifestyle. Recent upgrades include a newer HVAC system, a tankless hot water heater, and a backup generator, so you get old-world charm without sacrificing modern comfort. The two-car detached garage features epoxy flooring, California Closet cabinetry and climate controlled, with a heated and cooled office space above, perfect for working from home or a private studio. Inside you'll find three bedrooms and two baths in 1,850 square feet, with the primary suite conveniently located on the main level. Out back, enjoy a relaxing deck, an 8-foot privacy fence, a chicken coop, and a storage shed, all set on a generous third of an acre. Location is everything here. Being one block from downtown Celina puts you steps from the community events and local charm that make this town so special. Whether you're looking for a delightful primary residence, an ideal Airbnb opportunity, or a home with commercial possibilities, this property offers incredible flexibility and endless potential.

Investor Tools

$179,444Estimated Mortgage Balance
$648,027Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,957 /month
Positive
Cash Flow Estimate:
$1,652 /month

Interested in this property?

Wayne Myers

Keller Williams Prosper Celina

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,343
$826,132
2025
$436,994
$389,138
$826,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,343
$826,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank
Conventional
$218,500
No
First
Sep 15, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,444
$646,688
78%
22%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,311/mo
+$1,359/mo
3.9%

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: Celina

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607 W Walnut St | Property Details | No Agent List