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$305,000

708 W Johnson Highway, Tatum, TX, 75691

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.06 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Freestanding Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Exhaust Fan
FlooringLaminate

Exterior

Lot Size56.98 acres

Building Information

Year Built2010
Garage Spaces2

Land Information

APN5447
SubdivisionJ Corbitt
Land UseAgriculture / Farming
Legal DescriptionAB 201 J CORBITT SUR (51.329 AC, 5AC, 0.652 AC) P-18 HWY 43
Census Tract950101
Assessed Land Value$292,910
Assessed Improvement Value$178,200
Assessment Year2024

About this property

Lovely home built 2010, perfect for small family or single individual. 2 acres included surrounded by vacant acreage (potential for more than 2 acres). Very efficient and in city limits with city water and sewer. Owner is a licensed Texas Real Estate Broker and agent. All appliances with home, some FF&E included as agreed between Owner & Purchaser.

Investor Tools

$0Estimated Mortgage Balance
$471,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,827 /month
Positive
Cash Flow Estimate:
$942 /month

Interested in this property?

Cynthia Malloy

Cynthia M. Malloy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,414
$471,110
2024
$292,910
$178,200
$471,110
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,414
$471,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$471,110
100%
0%
$0/mo

City: Tatum