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$159,000

212 Straw Rd, Saginaw, TX, 76179

$186,569 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.39 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size8,795 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN33470-18-18
Lot Number18
SubdivisionRancho North Addition
Land UseResidential
Legal DescriptionRANCHO NORTH ADDITION BLOCK 18 LOT 18
Census Tract114006
Assessed Land Value$55,000
Assessed Improvement Value$123,017
Assessment Year2025

About this property

Calling all Investors, Landlords, Flippers, and anyone looking for a Bargain-Basement Home for you and your family! This property is in exceptional condition for this price! The foundation and roof look solid! Just a little paint and carpet seems to be all that's needed! You can actually move in, or rent it out now! Less than $8,000 needed to freshen it up! This home is available just in time for the fall selling season! If you're looking for a Fix and Flip or a Remodel to Rent, you've found the Perfect Property! Tucked away in the quiet, peaceful Rancho North community, where elderly neighbors love walking for exercise. The Third bedroom was converted to a large two-bedroom and can be converted back. This home will rent between $1,800 and $2,000 a month! The after-repair value is estimated at $250,000 to $255,000! Send your buyers by to see this one before it's gone! The offer deadline date is Sunday, October 11th, at 7 PM! No blind offers will be accepted.

Investor Tools

$120,558Estimated Mortgage Balance
$99,442Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$186,568
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$868
$178,017
2025
$55,000
$123,017
$178,017
No

Tax History

Year
Tax Paid
Assessed Value
2025
$868
$178,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$126,500
No
First
Mar 2, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,558
$99,442
45%
55%
$759/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,050/mo
$759/mo
+$1,291/mo
11.2%

City: Saginaw

212 Straw Rd | Property Details | No Agent List