$416,900
2802 Hollis Dr, Corinth, TX, 76210
On Market
Just Added
Property Lead Type:
BankruptcyAuctionAbsentee OwnerHigh Equity
Highlights
Interior
FlooringOther
Exterior
Lot Size7,884 sqft
Building Information
Year Built1998
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR180057
Lot Number2
SubdivisionFairview West Ph 4
Land UseResidential
Legal DescriptionFAIRVIEW WEST PH 4 BLK 31 LOT 2
Census Tract021421
Assessed Land Value$78,840
Assessed Improvement Value$304,150
Assessment Year2025
About this property
Auction property in great neighborhood in Corinth! Large two story with primary down and 3 beds up. Open kitchen and breakfast area overlooking inground backyard pool. No contact with occupants allowed.
Investor Tools
$200,011Estimated Mortgage Balance
$189,989Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,501 /month
Positive
Cash Flow Estimate:
$834 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,810
$382,990
2025
$78,840
$304,150
$382,990
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,810
$382,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$247,253
No
First
Aug 24, 2017
Sep 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,011
$189,989
48%
51%
$1,483/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,483/mo
+$907/mo
7.4%
