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$594,000

NAL Estimated Property Value

702 Griffith Ave, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,221 Sq Ft
price_per_sqft$181.93 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesDishwasher, Gas Oven, Gas Range, Refrigerator

Exterior

Exterior FeaturesBalcony
Lot Size28,000 sqft

Building Information

Year Built1924
Stories2
Roof Type125
Garage Spaces4

Land Information

APN00.3720.0598.0002.00.06.06
Lot Number2A
SubdivisionTerrell Revised
Land UseResidential
Legal DescriptionTERRELL REVISED, BLOCK 598, LOT 2A
Census Tract050402
Assessed Land Value$98,001
Assessed Improvement Value$479,254
Assessment Year2025

About this property

Welcome to a rare architectural jewel nestled on the iconic and historic Griffith Avenue in Terrell, Texas. This breathtaking 1920s French Colonial masterpiece seamlessly blends timeless elegance with modern luxury offering the best of both worlds. From the moment you arrive, the home’s classic symmetry, charming architectural details, and storybook presence make an unforgettable impression. Inside, you’ll find a complete renovation that preserves the character of the 1920s while introducing today’s most desired upgrades. Every space has been thoughtfully modernized with high-end finishes, updated systems, and designer touches throughout. The heart of the home is light-filled and inviting perfect for both intimate evenings and lively gatherings. The updated kitchen and bathrooms reflect contemporary style while honoring the home’s historic soul. Step outside to your own private oasis a sparkling pool designed for relaxing Texas summers, weekend entertaining, and evening swims under the stars. The outdoor space feels like a retreat while still being in the heart of town. Adding even more value is the detached double garage complete with additional storage space ideal for hobbies, workshop use, or extra organization. Homes like this rarely come available especially on one of Terrell’s most historic and picturesque streets. This is more than a home… it’s a legacy property.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$267,027Estimated Mortgage Balance
$326,973Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,311
$577,255
2025
$98,001
$479,254
$577,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,311
$577,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sandra Williamson
Unknown
$211,000
No
First
Sep 2, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,027
$326,973
55%
45%
$1,698/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: Terrell

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