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$210,000

NAL Estimated Property Value

613 Locust St S, Sulphur Springs, TX, 75482

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,034 Sq Ft
price_per_sqft$203.09 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built1992
Garage Spaces1

Land Information

APNR000002758
SubdivisionM A Bowlin Survey A
Land UseResidential
Legal DescriptionLT 7 BLK 31-100 ADDN TATE TERRACE 73.45X142.91X73.45X144.13
Census Tract950401
Assessed Land Value$25,000
Assessed Improvement Value$151,330
Assessment Year2025

About this property

Don’t let the size fool you, this charming 3-bedroom home packs a punch! Nestled in a quiet, established neighborhood, this cutie is completely move-in ready with fresh paint throughout and just the right updates. The kitchen features tan cabinets with a matching backsplash, stainless steel appliances, and the refrigerator stays with an acceptable offer. You’ll love the oversized laundry room and one-car garage, offering practical space where it counts. Step outside to your own backyard oasis! Sitting on nearly a quarter-acre, the huge treed yard is perfect for play, pets, or gardening. Enjoy evenings on the extra-large covered patio, ideal for hosting or just relaxing under the Texas sky. A storage shed provides extra room for tools. With USDA loan eligibility, this home offers affordable charm in a peaceful neighborhood. Whether you’re a first-time buyer or looking to downsize without compromise, this home is cute, clean and ready to welcome you!

Investor Tools

Property Icon
$210,000
Estimated Property Value
$195,942Estimated Mortgage Balance
$14,058Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$697
$176,330
2025
$25,000
$151,330
$176,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$697
$176,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank
Conventional
$198,850
No
First
Jul 7, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,942
$14,058
6%
93%
$1,193/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: Sulphur Springs

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613 Locust St S | Property Details | No Agent List