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$250,000

700 North Owensville Street, Franklin, TX, 77856

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt In Gas Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Heater
FlooringTile

Exterior

Lot Size8,494 sqft

Building Information

Year Built1973
Garage Spaces2

Land Information

APN060000-006761
Lot Number1B
Land UseResidential
Legal DescriptionLT 1B BL 70 FRANKLIN 1508/221 0.195 ACRES
Census Tract960300
Assessed Land Value$30,000
Assessed Improvement Value$143,830
Assessment Year2025

About this property

This completely upgraded 3-bedroom, 2-bath home sits on an oversized corner lot in the heart of Franklin, just one block from the elementary school. The single-story layout is functional and easy to maintain, with tile flooring throughout the main living areas and a large open living room that gives you plenty of space to spread out. The updated kitchen is built for everyday use with quartz countertops, a large center island, updated finishes, and plenty of workspace and storage. The primary suite features a trey ceiling, private ensuite bath with double vanities, and a large walk-in closet. Outside, the oversized corner lot gives you more room than the typical in-town property. Parking includes a 2+ car detached carport with additional space for vehicles, a boat, or equipment. A covered back patio provides a good spot for grilling or relaxing, while the storage shed gives you practical space for tools and lawn equipment. Located in Franklin ISD with quick access to schools and everything Franklin has to offer. If you're looking for an updated, move-in-ready home with extra lot space in town, come take a look.

Investor Tools

$127,205Estimated Mortgage Balance
$102,795Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

James Hammond

Keller Williams Realty Brazos Valley office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,846
$173,830
2025
$30,000
$143,830
$173,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,846
$173,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstar Bank Ssb
Conventional
$137,000
No
First
Oct 5, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,205
$102,795
44%
55%
$822/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: Franklin

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