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$315,000

411 W 3rd St, Maypearl, TX, 76064

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.39 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size11,892 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN50.2001.026.006.00.115
Lot Number6
SubdivisionO T Maypearl-Rev
Land UseResidential
Legal DescriptionLOT 6 BLK 26 O T MAYPEARL-REV 0.273 AC
Census Tract060900
Assessed Land Value$74,250
Assessed Improvement Value$268,966
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom home situated on a spacious fenced corner lot in walking distance to Maypearl schools! This home offers a comfortable layout with plenty of space for everyday living and entertaining. The fenced yard provides room to enjoy the outdoors, play, or simply relax. Located in the growing community of Maypearl, this property offers small-town charm with convenient access to surrounding communities. Don’t miss the opportunity to make this home your own! Shed and playset will convey with the property.

Investor Tools

$129,834Estimated Mortgage Balance
$208,166Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,525
$209,008
2025
$74,250
$268,966
$343,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,525
$209,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Stand Alone First / Home Equity First Lien
$151,200
No
First
Aug 30, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,834
$208,166
61%
38%
$907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$907/mo
+$1,665/mo
9.1%

City: Maypearl