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$185,000

218 Locust Street S, Sulphur Springs, TX, 75482

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.35 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range

Exterior

Lot Size6,478 sqft

Building Information

Year Built1981

Land Information

APNR000001733
SubdivisionCicada
Land UseResidential
Legal DescriptionLOT: 2 BLK: 12 ADDN: CICADA 67X94
Census Tract950402
Assessed Land Value$25,000
Assessed Improvement Value$119,890
Assessment Year2025

About this property

The newly built in 2025 home at 218 S Locust St offers modern living with two bedrooms and two full bathrooms. Thoughtfully planned, it prioritizes low-maintenance lifestyle choices without sacrificing essential modern comforts. Located in a quiet, established neighborhood near downtown Sulphur Springs, it features a bright open-concept interior with clean white finishes. Outside, the spacious private backyard provides an ideal setting for low-maintenance outdoor living. This house has everything in beautiful details with a price you can afford!

Investor Tools

$116,615Estimated Mortgage Balance
$59,385Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$345
$144,890
2025
$25,000
$119,890
$144,890
No

Tax History

Year
Tax Paid
Assessed Value
2025
$345
$144,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Group Capital Llc
Unknown
$120,000
No
First
Feb 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,615
$59,385
33%
66%
$720/mo

City: Sulphur Springs

218 Locust Street S | Property Details | No Agent List