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$205,000

357 W Southern Ave, Saginaw, TX, 76179

$235,386 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.6 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,652 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN33470-9-2
Lot Number2
SubdivisionRancho North Addition
Land UseResidential
Legal DescriptionRANCHO NORTH ADDITION BLOCK 9 LOT 2
Census Tract114006
Assessed Land Value$55,000
Assessed Improvement Value$179,589
Assessment Year2025

About this property

Set beneath mature trees on a generous corner lot, 357 W Southern Ave pairs easy single-story living with the kind of yard space that’s hard to find this close to town. A covered front patio and attached carport welcome you in, while the fully fenced backyard offers a storage building, string lights, and plenty of room to spread out under the pecan tree. Inside, the open living and dining areas flow together, with rich wood cabinetry in the kitchen, a separate pantry, and utility space just off the back. Solid as it sits, with real upside for a buyer who wants to put their own stamp on it over time!

Investor Tools

$80,280Estimated Mortgage Balance
$171,720Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$235,385
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

Interested in this property?

Steven Tran

The Sears Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,210
$234,589
2025
$55,000
$179,589
$234,589
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,210
$234,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Christensen Financial Inc
Fha
$108,989
Yes
First
Nov 10, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,280
$171,720
68%
32%
$654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$654/mo
+$2,056/mo
12.9%

City: Saginaw

357 W Southern Ave | Property Details | No Agent List