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Days92Days on Market
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$103,700

612 N Adelaide Street, Terrell, TX, 75160

$134,810 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.27 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

BankruptcyMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size7,802 sqft

Building Information

Year Built1938
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3720.0347.0006.00.06.06
Lot Number6
SubdivisionTerrell Revised
Land UseResidential
Legal DescriptionTERRELL REV BLOCK 347 LOT 6
Census Tract050401
Assessed Land Value$49,140
Assessed Improvement Value$138,794
Assessment Year2025

About this property

Welcome to this charming 2-bedroom home in the heart of Terrell! From the moment you arrive, you’ll fall in love with the adorable drive-up appeal that sets the tone for what’s inside. Step into the inviting enclosed porch featuring a beautiful wood slat ceiling—perfect for relaxing mornings or cozy evenings. Inside, you’ll find a warm and welcoming layout full of potential, just waiting for your personal touches to truly make it your own. Don’t miss your chance to turn this cute house into your dream home! HUD Case number 511-331802 all properties are SOLD AS-IS without any guarantee or warranty by the seller. In with Repair Escrow Disclosures are in transaction desk 203 eligible

Investor Tools

$185,892Estimated Mortgage Balance
$2,042Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$134,810
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

Interested in this property?

Ray King

Infinity Realty Group of Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,067
$187,934
2025
$49,140
$138,794
$187,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,067
$187,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$196,377
Yes
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,892
$2,042
1%
99%
$1,178/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: Terrell

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612 N Adelaide Street | Property Details | No Agent List