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$237,000

NAL Estimated Property Value

812 Walters St, Frankston, TX, 75763

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,956 Sq Ft
price_per_sqft$130.37 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size21,998 sqft

Building Information

Year Built1973

Land Information

APN37530
Lot Number3B
SubdivisionFrankston Heights
Land UseResidential
Legal DescriptionFRANKSTON HEIGHTS BLOCK F LOT 3B, 4 & 5
Census Tract950100
Assessed Land Value$17,600
Assessed Improvement Value$168,387
Assessment Year2025

About this property

Located in the highly sought-after Frankston ISD, this beautifully updated home offers comfort, convenience, and style. With all the natural light, the open floor plan creates a warm and inviting atmosphere, perfect for both relaxing and entertaining. Stop outside to enjoy the generously sized covered patio- Ideal for outdoor gatherings you’re around. A large storage building adds valuable space for tools, hobbies, or additional storage needs. Don’t miss the opportunity to own this move-in, ready gem in a prime location!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$193,425Estimated Mortgage Balance
$43,866Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,589
$185,987
2025
$17,600
$168,387
$185,987
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,589
$185,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$196,000
No
First
Jul 14, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,425
$43,575
18%
82%
$1,176/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: Frankston

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812 Walters St | Property Details | No Agent List