StatusAccepting Backup Offers (Active Under Contract)
About 501 W Main St
Welcome to this beautifully maintained 3-bedroom 2-bathroom home on a spacious 1.32-acre lot. Preserving the charm, you will find original hardwood floors while enjoying the modern conveniences of this layout, which includes a bathroom located in the primary bedroom. Adjacent to the home, you'll find a spacious and practical shop for any hobby or storage needs. Located conveniently on Main Street and just steps away from the scenic Northeast Texas Trail, the longest trail in Texas. The NETT follows old Union Pacific and Chaparral railroad rights-of-way for 133 miles, from just northeast of Dallas to within a few miles of Texarkana. Perfect for outdoor adventure, the trail is open and usable for cyclists, hikers, and horseback riders. Whether you’re seeking a peaceful retreat or a home close to in-town conveniences, this property offers it all.
Last updated on: 12/11/2024, 4:21:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,291
$73,340
2020
$1,290
$51,770
2019
$762
$66,870
2018
$763
$28,030
2017
$766
$28,460
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$911
Per Month
Principal & Interest
$844
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$573
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Wolfe City Elementary School
505 W Dallas St
Distance between this listing and this school0.21 miles
Public District Grades PK-5
3
/10
Celeste Elementary School
605 W Cockrell St
Distance between this listing and this school9.08 miles
Public District Grades PK-5
4
/10
Leonard Intermediate School
501 E Hackberry St
Distance between this listing and this school9.68 miles
Public District Grades 4-5
Nearby Schools
6
/10
Wolfe City Middle School
553 W Dallas St
Distance between this listing and this school0.21 miles
Public District Grades 6-8
6
/10
Celeste Jr High School
200 S 5th St
Distance between this listing and this school8.99 miles
Public District Grades 6-8
6
/10
Leonard Jr High School
500 E Hackberry
Distance between this listing and this school9.76 miles
Public District Grades 6-8
Nearby Schools
6
/10
Wolfe City High School
8353 State Highway 34 N
Distance between this listing and this school0.97 miles
Public District Grades 9-12
4
/10
Fannindel High School
601 W Main St
Distance between this listing and this school7.95 miles
Public District Grades 6-12
7
/10
Celeste High School
609 FM 1562
Distance between this listing and this school9.23 miles
The neighbors living near this home have an average income of $37,444. The majority of Wolfe City, TX residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 501 W Main St
What is the listing price of this property?
The listing price of 501 W Main St property is $169,000.
What type of property is this?
The property 501 W Main St is a house located in Wolfe City, Texas, 75496.
Is this property for sale now?
Accepting Backup Offers: 501 W Main St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,291 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 501 W Main St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 501 W Main St is 924 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 501 W Main St is 1960.
This home is located at 501 W Main St in Wolfe City, TX and zip code 75496. This 924 square foot home, which was built in 1960, sits on a 1.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $169,000.
The number of listings in Wolfe City, TX increased by 8.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $344,000, while the average time on the real estate market was 141 days.
From Rocket Homes Real Estate and based on county public records data.