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$389,000

8516 Michael St, White Settlement, TX, 76108

$505,700 ARVInfo
On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.96 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringConcrete, Hardwood

Exterior

Lot Size10,755 sqft

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APN33630-4-16
Lot Number16
SubdivisionRashti & White Subdivision
Land UseResidential
Legal DescriptionRASHTI & WHITE SUBDIVISION BLOCK 4 LOT 16
Census Tract110703
Assessed Land Value$50,759
Assessed Improvement Value$464,039
Assessment Year2025

About this property

New Buyer will inherit solar panels and a top of the line generac! Welcome to 8516 Michael Street, a beautifully maintained and exceptionally spacious home offering more than 4,100 square feet of living space. This impressive 4-bedroom, 3.5-bath residence combines comfort, functionality, and energy efficiency, making it ideal for growing families and those who love to entertain. The home features a thoughtfully designed floor plan with multiple living areas, generous bedrooms, and ample space for both everyday living and special gatherings. Recent upgrades include solar panels to help reduce energy costs and a top-of-the-line Generac whole-home generator, providing peace of mind and reliable backup power year-round. Outside, you’ll find a sizable lot with covered outdoor living areas, perfect for relaxing or entertaining guests. The property is conveniently located near neighborhood parks, offering easy access to recreation, walking trails, and outdoor activities. Built in 2008, this two-story brick home also includes a two-car garage, multiple fireplaces, and a welcoming traditional design that blends timeless style with modern convenience. With its combination of space, upgraded energy features, and desirable location.

Investor Tools

Property Icon
$514,798
Estimated Property Value
$228,000Estimated Mortgage Balance
$323,892Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$505,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,089 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

David Lopez

The Michael Group Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,055
$514,798
2025
$50,759
$464,039
$514,798
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,055
$514,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$228,000
No
First
Jul 2, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,906
$323,892
62%
37%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,367/mo
+$560/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: White Settlement

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