Last 24 Hours
$75,000
309 E Main St, Italy, TX, 76651
On Market
Just Added
2 Beds
1 Bath
1,036 Sq Ft
Single Family Residence
$72.39 / sqft
Built in 1950Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage AvailableAppliancesElectric Oven, Electric Water Heater
FlooringLaminate
Exterior
Lot Size4,792 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN45.2001.008.003.01.107
Lot NumberS
SubdivisionO T Italy-Rev
Land UseResidential
Legal DescriptionLOT SPT 3 BLK 8 O T ITALY-REV .11 AC
Census Tract061000
Assessed Land Value$50,000
Assessed Improvement Value$88,953
Assessment Year2026
About this property
Fixer-Upper Opportunity in the Heart of Italy! This 2-Bed, 2-Bath Offers a Great Layout with the Ability to Easily Convert to a 3-Bedroom. In Need of a Full Cosmetic Rehab and Offered as a True Fixer-Upper — a Chance to Renovate and Make it Your Own. Natural Gas, Central Air, City Water, Detached Carport, No HOA and Low Taxes. A Great Opportunity for an Investor or Buyer Ready to Put in Some Work!
Investor Tools
$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$384
$69,497
2026
$50,000
$88,953
$138,953
No
Tax History
Year
Tax Paid
Assessed Value
2025
$384
$69,497
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
N/A
+$1,700/mo
12.8%
12.4%