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$178,000

NAL Estimated Property Value

837 Putman St, Sulphur Springs, TX, 75482

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,028 Sq Ft
price_per_sqft$175 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile

Building Information

Year Built1980

Land Information

APNR000004533
SubdivisionSycamore
Land UseResidential
Legal DescriptionLOT: 1 BLK: 54 2 1 ADDN: SYCAMORE
Census Tract950600
Assessed Land Value$25,000
Assessed Improvement Value$145,250
Assessment Year2025

About this property

SELLER IS MOTIVATED – PRICED TO SELL QUICKLY! Investor special, first-time buyer opportunity, or the perfect downsize — this well-maintained 2-bedroom, 1-bath brick home is full of potential and value! Whether you're looking to expand your rental portfolio, purchase your first home with an FHA 203(k) loan, or simplify into a manageable, all-electric space, this property fits the bill. The roof was replaced just 2 years and 6 months ago, offering peace of mind and saving you big upfront. With a durable brick exterior, double-pane windows, and tiled flooring throughout, this home is built for low-maintenance living. Inside, you'll also find a roomy laundry area and a newer HVAC system. Bonus: A home warranty is already in place and will transfer to the new buyer at closing — added protection and value! A storage building is conveniently located inside the carport area, perfect for extra tools, holiday decorations, or anything you want tucked away but close at hand. This is an ideal candidate for FHA 203(k) renovation financing — refresh the interior, update the kitchen or bath, and build instant equity. Investors will appreciate the rental potential and ease of upkeep, while homeowners will love the chance to make it their own. All-electric. Great location. Low-maintenance. Move-in ready. This property may be subject to lender approval due to mortgage balance. Please contact agent for details. Affordable homes with this kind of structure, flexibility, and peace-of-mind extras don't last long. Come take a look and imagine the possibilities!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$151,329Estimated Mortgage Balance
$26,671Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$689
$170,250
2025
$25,000
$145,250
$170,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$689
$170,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$159,054
Yes
First
Sep 6, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,329
$26,671
14%
85%
$954/mo

Learn About the Market: Opportunity in Texas

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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: Sulphur Springs

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837 Putman St | Property Details | No Agent List