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$238,000

NAL Estimated Property Value

624 Thompson Drive, Saginaw, TX, 76179

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.31 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Lot Size8,590 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN33470-9-29
Lot Number29
SubdivisionRancho North Addition
Land UseResidential
Legal DescriptionRANCHO NORTH ADDITION BLOCK 9 LOT 29
Census Tract114006
Assessed Land Value$55,000
Assessed Improvement Value$157,001
Assessment Year2025

About this property

Own the best home in the Rancho North community of Saginaw on spacious, corner lot, conveniently centered between 2 parks with a kid's playground, trails, sidewalks, a dog park, and lots of shopping and dining within blocks! NO HOA here. Just minutes away from 820, I-35, downtown, and the Historic Stockyards. The home was proudly owned and renovated by only 2 families since its construction in 1964. Just some of the updates include landscaping, heavy trimming to the large oak trees, a charcoal gray exterior, dishwasher installation, granite countertops, kitchen and bath renovations including subway tile backsplash, recessed lighting, and hand-scraped laminate flooring.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$150,138Estimated Mortgage Balance
$87,862Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,742
$212,001
2025
$55,000
$157,001
$212,001
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,742
$212,001

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$171,830
Yes
First
Dec 11, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,138
$87,862
36%
63%
$1,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,031/mo
+$1,679/mo
13.7%

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: Saginaw

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624 Thompson Drive | Property Details | No Agent List