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$225,000

385 W Smith St, Sour Lake, TX, 77659

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,165 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.13 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling

Exterior

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

About this property

Country living with the convenience of Beaumont just minutes away! Welcome to 385 Smith Street in Sour Lake, where small-town charm meets comfortable everyday living. This 3-bedroom, 2-bath home offers an inviting open living space that flows into a spacious kitchen featuring a breakfast bar, solid-surface countertops, and plenty of room for gathering. Enjoy relaxing mornings on the front porch or evenings under the covered back patio overlooking the yard. With an attached garage, privacy fencing, central air and heat, and no HOA, this home offers the space and simplicity you've been looking for. Located in Hardin-Jefferson ISD, you can enjoy the quieter pace of Sour Lake while staying within an easy drive of Beaumont. Come experience country-style living wit

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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Financing 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

City: Sour Lake