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$290,000

1005 Steadham Road, Loving, TX, 76460

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1.99 acres

Building Information

Year Built1955
Garage Spaces2

Land Information

APN10506
Lot Number1-7
Land UseResidential
Legal DescriptionOTN/LOVING - BLK 7, S5FT OF LOT 1, ALL OF LOTS 2-7
Census Tract950200
Assessed Land Value$24,840
Assessed Improvement Value$82,510
Assessment Year2026

About this property

Welcome to small-town living in Loving, Texas! Situated on approximately 1.99 acres, this spacious 2-bedroom, 2-bathroom home offers approximately 2,028 square feet of living space with a wonderful combination of comfort, character, and functionality. Recent interior updates include new insulation, sheetrock, and vinyl flooring in the living room, while the dining room showcases a beautiful wood-burning cowboy fireplace that adds warmth and rustic charm. Outside, enjoy an attractive back porch area, perfect for relaxing or entertaining, along with a charming breezeway connecting the main house to the attached garage. Beautiful, mature trees enhance the property's inviting setting, while the manageable landscaping offers an appealing balance of natural beauty and easy upkeep. The property also features a pole barn, providing additional space for storage, equipment, or hobbies, and a storm cellar for added peace of mind during severe weather. With nearly two acres to enjoy and convenient access to Graham, this property offers room to spread out while enjoying the slower pace of small-town living. Come explore the possibilities and discover the charm this property has to offer!

Investor Tools

$133,334Estimated Mortgage Balance
$383,666Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

Interested in this property?

Ruby Jernigan

Agape and Associates LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$857
$107,350
2026
$24,840
$82,510
$107,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$857
$107,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Stand Alone First / Home Equity First Lien
$160,000
No
First
Aug 3, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,334
$383,666
74%
26%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$960/mo
+$500/mo
3.4%

City: Loving

1005 Steadham Road | Property Details | No Agent List