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$299,000

NAL Estimated Property Value

942 County Road 186, Carthage, TX, 75633

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,803 Sq Ft
price_per_sqft$119.25 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Oven
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.09 acres

Building Information

Year Built1980

Land Information

APN11968
Land UseResidential
Legal DescriptionAB 593 H SHEPARD
Census Tract950200
Assessed Land Value$12,710
Assessed Improvement Value$171,790
Assessment Year2025

About this property

Located in charming Carthage, this 4 bedroom, 2 bath home perfectly blends rural life with new shutters and a roof that was replaced just a year ago. Enter the large living room complete with wood stove and a nice sized dining room. The kitchen offers tons of storage with a peninsula that allows guests to visit while you cook, or for use as a breakfast bar. The primary bedroom provides ample room and an ensuite bath. The second bathroom is conveniently located to serve additional bedrooms and guests, featuring updated fixtures and finishes. Fresh neutral paint and new easy care laminate flooring throughout the home make it move in ready! The large backyard can accommodate space for gardening, playing, or simply relaxing. Centrally located between Henderson and Carthage, about an hour from Tyler and 50 minutes from Shreveport, this home combines the best of rural life with the convenience of being close to Tyler's medical facilities and colleges and Shreveport's many amenities.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$204,174Estimated Mortgage Balance
$94,826Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,682
$184,500
2025
$12,710
$171,790
$184,500
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,682
$184,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$211,105
Yes
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,174
$94,826
31%
68%
$1,266/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: Carthage

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