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$150,000

234 S Ward St, Italy, TX, 76651

$195,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths2 Bath
Baths2,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$63.59 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringWood

Exterior

Lot Size12,981 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN45.2001.033.008.01.107
SubdivisionO T Italy-Rev
Land UseResidential
Legal DescriptionWPT 8 33 O T ITALY 0.298 ACRES
Census Tract061000
Assessed Land Value$74,250
Assessed Improvement Value$286,304
Assessment Year2025

About this property

Bring your vision—and maybe your tool belt! This 1930 home in Italy is ready for someone who can see past the to-do list and appreciate the character hiding underneath. With 3 bedrooms, 1.5 bathrooms, 2,359 square feet, and 0.298 acres, there is plenty of space to work with and plenty of opportunity to make this property your own. A true project property, this one has already had major work started and is waiting for the right buyer to bring it across the finish line. Historic details give this home a head start on personality, including original pine wood countertops, stained glass windows, a striking staircase, 12-foot ceilings, and a pier and beam foundation. One fireplace may still be functional, while four additional original fireplaces have been closed up behind the walls, adding another layer of history and character to the home. The staircase leads to an unfinished second story, offering even more potential to create additional living space, a home office, studio, or whatever fits your vision. There is still plenty left to tackle. HVAC repairs, plumbing updates, cosmetic improvements, and front porch repairs are all part of the project. The exterior air conditioner unit and air handler are not currently present, but the existing ductwork and wall wiring remain. The laundry room includes bathroom components, and driveway parking adds convenience. Whether you're an investor looking for your next project, a renovator who actually enjoys a good before-and-after, or a buyer who wants a home they can truly make their own, this property offers plenty of room to put your stamp on it. It's not finished—and that's kind of the point. The bones, the history, the square footage, and the possibilities are here. Now it just needs someone with the vision (and willingness to get their hands dirty) to bring it back to life. Come see what you can create.

Investor Tools

$45,931Estimated Mortgage Balance
$175,069Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

Interested in this property?

Crystal Calvert

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,290
$138,943
2025
$74,250
$286,304
$360,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,290
$138,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$72,345
No
First
Jun 30, 2011
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,931
$175,069
79%
21%
$434/mo

City: Italy

234 S Ward St | Property Details | No Agent List