701 N Louise St., Atlanta, TX 75551

Jan 21, 2025

$ 84,900.00
Off-Market Exclusive- Cosmetic Flip or Superb Rental Cash Flow w/ 4.5% Built-in Financing! Buy with just $13k down; No Banks Needed!

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  • Property ID: 51742
  • Post Updated: 2025-03-06 12:22:21
  • ARVE: $150,000+
  • Bedrooms: 3
  • Bathrooms: 2
  • Area: 2426 sq ft
  • Lot size: 13939 sq ft
  • Year built: 1920
  • Type:
  • Status:

Description

Cross-streets: Main St & Louise St
Beds/Baths: 3/2
Sq Ft: 2,426 s.f.
Lot Size: 13,939 s..f.
Year Built: 1920
APN: 10877-11090-00000-000000; Cass County
Access: Call/ E-mail/Text for Access

This Vintage Home sits on a Beautiful Street of Historic & majestic homes.  Great area!  Large house on big lot.  Nice Curb Appeal too!

Features/Amenities:

  • 2,426 s.f. | Lot: 13,939 s.f.
  • Year Built: 1920
  • APN: 10877-11090-00000-000000; Cass County
  • Please do your Due Diligence.

Financial Details:

  • ARVE: ~$150,000+
  • Market Rents ~ $1,400/mo
  • PITI ~ $801/mo —  yields about $600/mo Cash Flow for Buy/Hold buyers!
  • Underlying loan is ~$72,000 at 4.5%, maturing in 2052. 

Why This Deal?

  • Fantastic Built-in Financing at just 4.5% fixed rate, with 27 years of potential financing. 
  • Property is in nice condition and on a prestigious street with other beautiful properties.
  • Look at the potential Cash Flow:  $1400 Rents – $801 PITI = ~ $600/mo Cash Flow!

This property is Owner-occupied, so inspections must be scheduled. Do NOT Trespass or approach Property without an appointment.

Comps (2 comps on same street, a block or 2 away):

  • 613 N Louise St, Atlanta, TX.  2/2, 1448sf —  sold $200k in January 2025
  • 405 N Louise St, Atlanta, TX   3/2, 2100sf — sold ~$285k in May 2023, larger lot.

View on map / Neighborhood

This style property is located in Atlanta is currently and has been listed on True Freedom Achievers. This property is listed at $ 84,900.00. It has 3 beds bedrooms, 2 baths bathrooms, and is 2426 sq ft. The property was built in 1920 year.

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