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$315,000

1407 E State Highway 43, Tatum, TX, 75691

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths2,305 Sq Ft
price_per_sqft$136.66 / sqft
Year BuiltBuilt in 1978

About this property

Offered at $315,000, this 2,305-square-foot home situated on 2.03 acres in Tatum ISD has been down-to-the-studs renovated with updated systems and finishes throughout. The core interior and structural components have been fully updated, including new electrical wiring, plumbing, hv/ac units, drywall, interior and exterior doors, double-pane windows, neutral flooring, and modern lighting and plumbing fixtures, and new kitchen appliances. The floor plan includes 4 true bedrooms with walk-in closets, 2 full bathrooms, and a spacious living area built around a central wood-burning fireplace and a renovated kitchen with all new appliances. Outside, the 2.03-acre grounds offer usable open space with mature pecan trees with views of a neighboring pound, perimeter fencing, RV pad, and a detached metal workshop/outbuilding suitable for storage or projects. Located along State Highway 43 E, the property provides straight forward travel to local Tatum schools as well as quick routes into Longview and surrounding areas via I-20

Investor Tools

$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

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

City: Tatum

1407 E State Highway 43 | Property Details | No Agent List