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$292,000

NAL Estimated Property Value

906 S Ward St, Italy, TX, 76651

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,753 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.37 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesCourtyard, Fire Pit
Lot Size13,112 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN45.3082.000.017.01.107
Lot Number17R
SubdivisionCollege South
Land UseResidential
Legal DescriptionLOT 17R COLLEGE SOUTH .301 AC
Census Tract061000
Assessed Land Value$67,500
Assessed Improvement Value$226,561
Assessment Year2025

About this property

Now offered at $289,000, this spacious 3-bedroom, 2-bath home offers over 1,700 square feet, a large backyard, and a peaceful setting that’s becoming harder to find at this price point. Located in an established neighborhood in Italy, Texas, this home combines the convenience of in-town living with open views and added privacy behind the property. With no homes directly behind the backyard, you’ll enjoy a more relaxed atmosphere and beautiful Texas sunsets right from your own outdoor space. Recent updates including fresh interior paint, updated light fixtures, and a freshly power-washed exterior give the home a clean and refreshed feel from the moment you arrive. Inside, the functional floor plan offers comfortable everyday living with a spacious living area centered around a cozy wood-burning fireplace. The layout flows easily into the dining and kitchen spaces, creating a welcoming environment for both everyday living and entertaining. The private primary suite features an en-suite bath, while the additional bedrooms provide flexibility for guests, a home office, or changing household needs. Outside, mature trees and an oversized backyard create a peaceful outdoor setting with room to relax, entertain, garden, or personalize over time. The open field views behind the home provide a sense of space and privacy that buyers are increasingly looking for. Conveniently located approximately 15–20 minutes from Waxahachie and Midlothian, this home offers the balance of small-town living with easy access to nearby shopping, dining, and conveniences. If you’ve been searching for space, value, and a quieter setting with room to make your own, this home deserves a closer look.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$10,102Estimated Mortgage Balance
$281,898Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,805
$285,836
2025
$67,500
$226,561
$294,061
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,805
$285,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$181,649
Yes
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,102
$281,898
96%
3%
$65/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$65/mo
+$1,907/mo
8.1%

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: Italy

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906 S Ward St | Property Details | No Agent List