$155,000
1606 S 5th St, Temple, TX, 76504
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Microwave
FlooringHardwood
Exterior
Exterior FeaturesNone
Lot Size8,198 sqft
Building Information
Year Built1950
Stories1
Roof Type105
Garage Spaces2
Land Information
APN131506
SubdivisionAinsworth-Saffold Addition
Land UseResidential
Legal DescriptionAINSWORTH-SAFFOLD ADDITION, BLOCK 001, LOT 0001
Census Tract021000
Assessed Land Value$33,866
Assessed Improvement Value$105,993
Assessment Year2026
About this property
Unbeatable Temple location: walking distance to Temple College and minutes from the VA, a natural fit for anyone building a furnished or mid-term rental portfolio, and the numbers make sense. This 2-bedroom, 2-bath home sits on a 0.19-acre lot with a flexible layout and a fenced backyard. With updated plumbing, foundation leveled, some electrical updates, new roof on the house and garage, and a new fence (2024) makes this home ready for its new owner.
Investor Tools
$206,505Estimated Mortgage Balance
$154,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,497
$139,859
2026
$33,866
$105,993
$139,859
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,497
$139,859
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$182,434
Yes
First
Oct 7, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,505
N/A
0%
134%
$1,325/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,240/mo
$1,325/mo
$-85/mo
9.7%
