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$204,940

NAL Estimated Property Value

650 Minnie Street, Stephenville, TX, 76401

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,250 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
FlooringLaminate

Building Information

Year Built1971

Land Information

APNR000028791
Lot Number4A
SubdivisionButler Addition
Land UseResidential
Legal DescriptionS2300 BUTLER ADDITION;, BLOCK 4;, LOT 4A
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$164,940
Assessment Year2025

About this property

NVESTORS! This charming brick duplex is located in close proximity to Tarleton State University! Unique one bedroom units are uncommon, and owner receives multiple applications when a tenant vacates the unit, so both units stay leased. Property and units are clean and well-maintained, one unit has been updated at this time.

Investor Tools

Property Icon
$204,940
Estimated Property Value
$109,300Estimated Mortgage Balance
$95,640Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$204,940
2025
$40,000
$164,940
$204,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$204,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Fha
$120,280
Yes
First
Dec 24, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,300
$95,640
46%
53%
$751/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: Stephenville

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650 Minnie Street | Property Details | No Agent List