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$414,000

NAL Estimated Property Value

6962 State Highway 98, Simms, TX, 75574

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.93 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size2.70 acres

Building Information

Year Built1996
Garage Spaces2

Land Information

APN56958
Land UseResidential Single Family
Legal DescriptionH G WILLIAMS A-636 2024-4418 05/14/24 BLK/TRACT 44 2.704 ACRES
Census Tract011700
Assessed Land Value$21,576
Assessed Improvement Value$377,787
Assessment Year2025

About this property

This 4 bedroom 3.5 bath home sitting on almost 3 acres is a great size for a family or the couple who loves to entertain! You will have plenty of room for company with the 3 generously sized guest bedrooms, 3.5 baths and multiple living areas across the split levels of this home. The primary suite boasts a large walk in closet, jetted tub and separate shower. Since you're no stranger to cooking, the kitchen is a chef's dream with granite counter tops, enough space for an island and breakfast bar. Finish off your day relaxing on the back deck, working on projects in the shop, or crafting in the she shed, before settling down into your dream bed to get ready for another day of fun in Wildcat Country!

Investor Tools

Property Icon
$414,000
Estimated Property Value
$343,207Estimated Mortgage Balance
$70,793Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,594
$399,363
2025
$21,576
$377,787
$399,363
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,594
$399,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Va
$356,000
Yes
First
May 8, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,207
$70,793
17%
83%
$2,135/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: Simms

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6962 State Highway 98 | Property Details | No Agent List