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$309,000

640 N Cedar St, Blossom, TX, 75416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,718 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.53 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size8,000 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN43823
SubdivisionCity Of Blossom
Land UseResidential
Legal DescriptionCITY OF BLOSSOM, A565 MOWERY SURVEY, 640 N CEDAR, ACRES .80 A565 MOWERY SURVEY, 640 N CEDAR
Census Tract000302
Assessed Land Value$7,970
Assessed Improvement Value$233,510
Assessment Year2025

About this property

Are you looking for a well maintained home, a heated & cooled workshop plus covered RV & boat parking? Then take a look at this 3 bedroom, 2 bath, 2 car garage, well maintained, brick home on a corner lot with a brand new roof and gutters that were installed July 2024. Home has fresh paint, a gas log fireplace, walk-in American Standard tub, and an enclosed back porch that makes a great spot for morning coffee and evening down time. The 30x40 insulated workshop has central heat & air and a car lift. Concrete driveway offers plenty of parking for guest and makes it easy to access the shop and the 20x45 covered RV & boat parking. There is mature landscaping a sprinkler system in the front and back yards, a fenced back yard, a storage building with a covered patio area and a concrete sidewalk from the back porch to the circle drive.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$165,000Estimated Mortgage Balance
$148,908Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,454
$241,480
2025
$7,970
$233,510
$241,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,454
$241,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$165,000
No
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,092
$148,908
48%
52%
$990/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.

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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: Blossom

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640 N Cedar St | Property Details | No Agent List