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$470,058

NAL Estimated Property Value

706 S Washington St, Pilot Point, TX, 76258

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.63 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Convection Oven, Double Oven, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesDog Run, Rain Gutters, Lighting
Lot Size18,034 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR41621
SubdivisionC. Smith
Land UseResidential
Legal DescriptionA1139A C. SMITH, TR 356, .414 ACRES
Census Tract020118
Assessed Land Value$91,182
Assessed Improvement Value$378,876
Assessment Year2025

About this property

Are you looking for an updated home, walkable to Pilot Point town square? Sitting on almost half an acre, the property features 3 beds and 2 baths with an updated eat in kitchen. The oversized living room opens to the flex space currently being used as an office. The master bedroom is spacious in size along with the an updated bath which features a large shower with multiple shower heads. Every room in this house is spacious including the utility room. New 16 Seer 5-ton HVAC (AH, Condenser and Supplies) installed July 2022. The oversized garage along with additional RV garage and attached workspace make this home perfect for someone with lots of toys. Several large trees line the property giving sufficient privacy along with the 8' privacy fence and a separate dog run. Only 7 miles from Lake Ray Roberts.

Investor Tools

Property Icon
$470,058
Estimated Property Value
$379,288Estimated Mortgage Balance
$90,770Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$908/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,543
$470,058
2025
$91,182
$378,876
$470,058
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,543
$470,058

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Unknown
$400,000
No
First
Jul 18, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,288
$90,770
19%
81%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,399/mo
$-427/mo
5.0%

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: Pilot Point

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706 S Washington St | Property Details | No Agent List