Active

407 N Carter

Howe, Texas 75459

$185,000 $779/Mo

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Overview

Bed

Bath

1,216

Sqft

0.50

Acre(Lot)

Description

Fantastic investment opportunity BELOW MARKET VALUE—perfect for investors seeking immediate cash flow! This 3-bedroom, 2-bath property is tenant-occupied at $1,575 per month through March 2027, making it a turnkey addition to your rental portfolio. Beautiful 3-bedroom, 2-bath home in growing Howe, TX situated on a huge lot with plenty of space to enjoy both indoors and out. This home offers a spacious and inviting living area that greets you upon arrival—perfect for relaxing or entertaining guests. The open layout flows seamlessly into a large, remodeled kitchen featuring ample cabinet storage and generous counter space, making it ideal for cooking, hosting, and everyday living. The oversized primary suite provides a comfortable retreat with a private en-suite bathroom, while both secondary bedrooms are well-sized and offer flexibility for guests, a home office, or additional living space. Step outside to enjoy the expansive backyard, just under half an acre, complete with two storage sheds—perfect for tools, hobbies, or extra storage needs. This property is also offered as part of an Investor Package Deal.

Property Details

Property Type : Residential

Price : $185,000

AD Id : 76720495

MLS Id : 555959641

Beds : 3

Lot Size : 0.50 Acre

Living Area Size : 1,216

Year Built : 1940

County : Grayson

Subdivision: Otp Howe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3 Window Features: Window Coverings

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Built-in Features,Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available

Appliances

Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Microwave

Utilities

Cable Available,City Sewer,City Water
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 1940 Construction: Siding,Other Roof Type: Composition
Security Features

Smoke Detector(s)
Laundry Features

Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup

Patio And Porch

Covered,Front Porch,Rear Porch

Construction Materials

Siding,Other

Lot Information

Lot Size (Acr): 0.4950 Lot Size Units: Acres Lot Size Square Feet: 21,562
Property Information

SQ ft (Living Area): 1,216 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Otp Howe City: Howe State: Texas Directions: US 75 N. N Collins to N Carter St. Property Status: Active Exclusions: Current tenant belongings (if applicable) fridge, washer and dryer. Tenant occupied with current lease through 3-31-27 at $1575 per month. Levels: One Property Age: 86 Year Built Details: Preowned

Listing Price Information

Original List Price: $185,000 List Price Tot SqFt: $152
Listing Information

Possession: Closing/Funding,Lease Outstanding

Tax Information

Parcel Number: 152466 Tax Block: 23 Tax Legal Description: OTP HOWE, BLOCK 7, LOT 3 4 & LOT 3 4 5, BLK 2 Tax Lot: 3

Parking Information

Carport Spaces: 0 Parking Features: Driveway
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Summit Hill Middle School: Howe High School: Howe School District: Howe ISD
Utility Information

Utilities: Cable Available,City Sewer,City Water

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1011 Red Road, Howe, TX, 75459	$1,479,000	4	3	2,884	2,884 SqFt
367 George Road, Howe, TX, 75459	$550,000	4	3	2,550	2,550 SqFt
2885 Enloe Road, Howe, TX, 75459	$575,000	4	3	2,556	2,556 SqFt
785 Schneider Road, Howe, TX, 75459	$520,000	4	4	2,428	2,428 SqFt
1035 Hickory Lane, Howe, TX, 75459	$599,999	4	4	2,716	2,716 SqFt
1053 Hickory Lane, Howe, TX, 75459	$659,000	5	5	3,628	3,628 SqFt
25 Morrison Road, Howe, TX, 75459	$675,000	5	4	3,628	3,628 SqFt
1205 Redbud, Howe, TX, 75459	$689,000	5	4	3,628	3,628 SqFt
1120 Cedar Street, Howe, TX, 75459	$569,000	4	4	2,716	2,716 SqFt
3183 Harrell Road, Howe, TX, 75459	$960,000	4	3	2,552	2,552 SqFt

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ByOwner last updated this listing 06/04/2026 @ 14:55

MLS: 555959641 LISTED BY: Mallory Adams, OmniKey Realty, LLC. 931-703-4746 SOURCE: NTREIS - North Texas Real Estate Information