$47,000
306 South Street, Teague, TX, 75860
$61,100 ARV
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringOther
Exterior
Lot Size5,009 sqft
Building Information
Year Built2008
Land Information
APN40143-00003-01000-000000
Land UseResidential
Legal DescriptionOTS TEAGUE LOT 4&5 BLK 143
Census Tract000700
Assessed Land Value$7,130
Assessed Improvement Value$48,681
Assessment Year2025
About this property
HUD Owned Home FHA Case# 491-947634 Sold AS-IS. Come check out this great opportunity at a great price. This 3-bedroom home with 2 full bathrooms has many possibilities. Open living and dining area. Breakfast bar in the kitchen and more. Owner occupant buyers may be able to purchase this home with as little as $100 down when utilizing the HUD FHA sales incentive. Come take a look before this great opportunity is gone!
Investor Tools
$13,738Estimated Mortgage Balance
$42,073Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$61,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$335 /month
Positive
Cash Flow Estimate:
$112 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$48/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$295
$55,811
2025
$7,130
$48,681
$55,811
No
Tax History
Year
Tax Paid
Assessed Value
2025
$295
$55,811
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Stage Funding Llc
Fha
$14,716
Yes
First
Feb 27, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,738
$42,073
75%
25%
$89/mo
