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$266,371

NAL Estimated Property Value

612 Mirike Drive, White Settlement, TX, 76108

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,428 Sq Ft
price_per_sqft$157.21 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringLaminate

Exterior

Lot Size11,117 sqft

Building Information

Year Built1951
Stories1
Garage Spaces1

Land Information

APN25485-6-25
Lot Number25
SubdivisionMeadow Park Addn-Wht Stlment
Land UseResidential
Legal DescriptionMEADOW PARK ADDN-WHT STLMENT BLOCK 6 LOT 25
Census Tract110703
Assessed Land Value$51,117
Assessed Improvement Value$215,254
Assessment Year2025

About this property

GORGEOUS, NEWLY RENOVATED 3 BEDROOM 2 BATH! This beautiful 3 bedroom, 2 bath home has recently been updated to include tasteful touches such as modern man-made wood-look flooring, clean white kitchen cabinets, gorgeous granite countertops, custom backsplash, stainless steel appliances, new bathroom vanities and fixtures, and ceiling fans. Spacious living room with French doors into the main bedroom. Large utility room. Large, corner lot with fenced backyard. Good sized storage building. This won't last long

Investor Tools

Property Icon
$266,371
Estimated Property Value
$209,724Estimated Mortgage Balance
$56,647Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,598 /month
Positive
Cash Flow Estimate:
$533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,310
$266,371
2025
$51,117
$215,254
$266,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,310
$266,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Open Mortgage Llc
Fha
$220,924
Yes
First
Dec 16, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,724
$56,647
21%
79%
$1,373/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,373/mo
+$554/mo
8.7%

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: White Settlement

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612 Mirike Drive | Property Details | No Agent List