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$289,000

316 S Erath Street, Iredell, TX, 76649

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.6 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size1.20 acres

Building Information

Year Built1947
Garage Spaces2

Land Information

APNR10604
Lot Number5
Land UseResidential
Legal DescriptionJ MCCULLOUGH A-519 (AKA MCCLURE) BLOCK E LOT 5(PT) ACRES 1.20
Census Tract950100
Assessed Land Value$16,948
Assessed Improvement Value$362,340
Assessment Year2025

About this property

Charming Country-Style Home on Nearly an Acre! Enjoy the space, privacy, and peaceful setting of this well-loved 3-bedroom, 2-bath home situated on approximately 0.94 acre in a quiet, established neighborhood. The spacious floor plan features a large living room, separate dining room, and convenient in-kitchen breakfast area. A versatile game room or large study offers additional space for a home office, hobby room, media room, or extra living area. Outside, the property truly shines with a large shaded yard and beautiful mature pecan trees, creating a peaceful setting for relaxing, entertaining, or enjoying the outdoors. A barn provides valuable additional storage or workspace, while the garage and driveway offer plenty of parking. This is a property with character, space, and tremendous potential. The home has been well loved and maintained through the years and offers an excellent opportunity for a new owner to make updates and add their own personal style. If you're looking for room to spread out, mature trees, a quiet neighborhood, and the flexibility of nearly an acre, this property is worth a look!

Investor Tools

$0Estimated Mortgage Balance
$574,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,444 /month
Positive
Cash Flow Estimate:
$1,148 /month

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Johnny Tate

TATE PROPERTIES

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,302
$379,288
2025
$16,948
$362,340
$379,288
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,302
$379,288

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$574,000
100%
0%
$0/mo

City: Iredell

316 S Erath Street | Property Details | No Agent List