Last 24 Hours
$225,000
385 Smith Street, Sour Lake, TX, 77659
On Market
Just Added
3 Beds
2 Bath
1,165 Sq FtProperty Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
CoolingExterior
Lot Size7,501 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces1
Land Information
APN006900-013750
Lot Number1,7
SubdivisionElectric Addn
Land UseResidential
Legal DescriptionS06900 ELECTRIC ADDN BLK 38, LOT 7 & 1/2 OF 8, ACRES .1722
Census Tract030200
Assessed Land Value$38,250
Assessed Improvement Value$115,220
Assessment Year2025
Investor Tools
$140,743Estimated Mortgage Balance
$12,727Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,030
$153,470
2025
$38,250
$115,220
$153,470
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,030
$153,470
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Stand Alone First / Home Equity First Lien
$146,464
No
First
Jul 9, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,743
$12,727
8%
92%
$879/mo
12.4%