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$205,000

609 S Files St, Itasca, TX, 76055

$205,356 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,661 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.42 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size17,468 sqft

Building Information

Year Built1974
Garage Spaces2

Land Information

APN119196
SubdivisionBeard Sec I
Land UseResidential
Legal DescriptionBEARD SEC I LT S PT OF 6 & ALL 7
Census Tract960100
Assessed Land Value$48,910
Assessed Improvement Value$159,080
Assessment Year2025

About this property

BRICK Home in Itasca ISD on Oversized Lot: 3 Bedrooms, 2 Baths, 2-Car Garage, Front Circle Drive AND extra space for Parking your RV and Boat OR ADD at Workshop. GREAT Floorplan: Front Living Room with updated Wood-Laminate Flooring OPENS to the Kitchen, Dining, Laundry, and COZY Back Den with GAS-LOGS fireplace and a Table-Height Serving BAR. All 3 Bedrooms located down the HALL from Front Living Room. FULL Hall Bath has a dressing Vanity and lots of Linen Cabinets, Sink, and Tub-Shower Combo. Primary Bedroom has a Private Ensuite Bath with Walk-In Shower. Laundry Room has a PANTRY storage Closet and OPENS to a Double-Door 2 car garage AND a Bonus Storage Room with a Utility Sink and room for a Freezer. Please see Transaction Desk for a Full List of Updates made by Previous Seller, but most notably, this Home's Cast Iron Plumbing has already been REPLACED all the way to the city tie in!! The Gas line has been REPLACED from the meter to the house, and BOTH Bathrooms have also been updated (PER Previous Seller). Home needs some TLC, but this is the perfect opportunity to put your personal touch on your new home! NOTE: Current Seller's Clutter Due to Family's Packing and Moving and purging some items so some Prev Pics shared to show Home's Full Potential.

Investor Tools

$88,325Estimated Mortgage Balance
$119,675Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$205,355
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,240
$207,990
2025
$48,910
$159,080
$207,990
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,240
$207,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$96,000
No
First
Feb 14, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,325
$119,675
57%
42%
$576/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: Itasca

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