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$219,000

111 E Spence Street, Sulphur Springs, TX, 75482

$257,706 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,035 Sq Ft
DuplexDuplex
price_per_sqft$107.62 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Cooktop, Electric Oven, Electric Range, Disposal
FlooringCarpet, Vinyl

Exterior

Lot Size8,055 sqft

Building Information

Year Built1960

Land Information

APNR000003157
Land UseResidential
Legal DescriptionLOT W PT 16C & E PT 16B BLK 36 2 TOWN: SULPHUR SPRINGS
Census Tract950401
Assessed Land Value$25,000
Assessed Improvement Value$90,300
Assessment Year2025

About this property

Versatile 2-bedroom, 1-bath duplex located on Spence Street, offering a unique opportunity for residential or potential small business use. Each unit features a spacious living area, functional kitchen, two bedrooms, and one full bath, making it ideal for rental income or multi-use flexibility. Both units include a 1-car carport for convenient covered parking. Enjoy a convenient location that is still tucked away in a private setting with easy access to nearby amenities. Perfect for investors or buyers looking for adaptable space.

Investor Tools

$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$257,706
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

David Watson

Coldwell Banker Lakehaven Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$483
$115,300
2025
$25,000
$90,300
$115,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$483
$115,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo

City: Sulphur Springs