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$287,000

NAL Estimated Property Value

940 Davis St N, Sulphur Springs, TX, 75482

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,125 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.38 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave
FlooringCeramic Tile, Hardwood, Simulated Wood, Vinyl

Exterior

Lot Size32,060 sqft

Building Information

Year Built1940

Land Information

APNR000005000
SubdivisionElizabeth Melton Survey A
Land UseResidential
Legal DescriptionACRES: 0.736 LOT: 13 BLK: 73 TOWN: SULPHUR SPRINGS 90X330
Census Tract950402
Assessed Land Value$23,850
Assessed Improvement Value$142,950
Assessment Year2025

About this property

WOW! From the moment you arrive at 940 N. Davis St., the curb appeal will capture your attention. A grandfather oak reaching to the sky shades this stunning 1940 home. The inviting front porch sets a welcoming tone. Step inside and you will find personality rampant, where timeless character meets thoughtful updates. The interior of this amazing 2125 sq foot brick home features 2 large living areas with Brick gas log Fireplaces that add ambience for quiet evenings, warmth, and charm to each room. The updated kitchen is well equipped with plenty of cabinets and storage space, butcher block countertops, built in appliances including a 4-burner gas cooktop range oven. You will enjoy the breakfast or serving bar, conveniently separating the dining room and breakfast nook. Thoughtful updates continue throughout the home with pleasant surprises around every corner such as oak hardwood and luxury vinyl plank flooring, shiplap walls, skylights, beamed ceilings, canned lighting, and an abundance of storage. Another notable feature is the spacious size of the bedrooms each offering comfort, style and built in storage. Step out back to the Texas size fenced backyard where kids and pets can roam, or roast marsh mellows around the firepit. Dad will enjoy grilling out on the covered wood deck. This stunning home has kept its classic charm while delivering the updates todays buyers want, all within a short distance to popular historic, re-vitalized downtown Sulphur Springs with its shops, restaurants and year around events. The location is also equal distant to the Hospital, Doctors clinics, and medical facilities. Kids can walk to elementary school only minutes away. Rarely do you ever have an opportunity to purchase a home of this caliber with so much charm and charisma at such an affordable price. Come see for yourself. We dare you to look inside.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$154,570Estimated Mortgage Balance
$133,626Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$675
$166,800
2025
$23,850
$142,950
$166,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$675
$166,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank
Conventional
$170,235
No
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,570
$163,430
51%
54%
$1,021/mo

City: Sulphur Springs

940 Davis St N | Property Details | No Agent List