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$199,000

NAL Estimated Property Value

708 Phillips Cir, Kaufman, TX, 75142

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.63 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCarpet, Varies

Exterior

Lot Size6,604 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3916.0011.0003.00.03.03
Lot Number3
SubdivisionValley Park 3 & 4
Land UseResidential
Legal DescriptionVALLEY PARK #4 BLOCK K LOT 3
Census Tract051100
Assessed Land Value$52,500
Assessed Improvement Value$144,500
Assessment Year2025

About this property

This home, featuring 4 bedrooms and 2 bathrooms, is located in the heart of Kaufman, Texas, a community known for its peaceful neighborhoods and proximity to schools, restaurants, shopping, and the County Square. The property boasts a large backyard with a wooden privacy fence, making it ideal for families with children and pets. Home has been painted and has new carpet in all bedrooms. Central Air was replaced approx 2 years ago. Given that the previous tenants occupied the house for seven years, the property's enduring appeal suggests strong rental potential for investors. Overall, this home's combination of desirable features and its location in a steadily appreciating market makes it an attractive option for both homeowners and investors.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$77,122Estimated Mortgage Balance
$121,878Estimated Equity
61% 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
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,210
$197,000
2025
$52,500
$144,500
$197,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,210
$197,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$93,675
No
First
Oct 20, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,122
$121,878
61%
39%
$562/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$562/mo
+$1,410/mo
11.9%

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: Kaufman

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708 Phillips Cir | Property Details | No Agent List