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$261,000

7818 Saratoga Knl, Selma, TX, 78154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.9 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size7,150 sqft

Building Information

Year Built2008
Stories1
Roof Type109
Garage Spaces2

Land Information

APN05019-109-0190
Lot Number19
SubdivisionRetama Springs
Land UseResidential
Legal DescriptionCB 5019A (RETAMA SPRINGS SUBD UT-3A), BLOCK 9 LOT 19 PLAT 9573/126-127 FILED 12-11-06 FOR 2007
Census Tract121909
Assessed Land Value$60,420
Assessed Improvement Value$192,790
Assessment Year2025

About this property

ASSUMABLE 3.25% FHA Loan (about $1900/month all in)! Newly Renovated 3x2 single story home in Retama Springs, backs to another home- not a railroad like some other homes for sale in the neighborhood. New floors, fresh paint, new granite counter, stainless steel appliances (All done in March 2024). Pre-inspected March 2024, home is in amazing shape, no foundation problems, no leaks, no fuss! Open floorplan, private back yard and convenient access to shopping, highways, Costco, and much more! *If assuming the loan, buyer needs to bring seller's equity to the closing table or get a second lien to cover the difference. Make the obvious decision and save over $100,000 over the course of the loan by assuming this unbeatable 3.25% interest rate!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$212,200Estimated Mortgage Balance
$49,720Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
$14/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,417
$253,210
2025
$60,420
$192,790
$253,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,417
$253,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$212,200
Yes
First
Feb 16, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,280
$55,720
20%
81%
$1,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
$1,287/mo
+$773/mo
9.5%

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: Selma

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7818 Saratoga Knl | Property Details | No Agent List