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$185,000
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Property 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.
Full Property Details
Full Property Details for 407 N Carter
General
- Price: $185,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21226656
- Updated: 5/29/2026
- Added to Site: 103 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch
Parking
- Parking Features: Driveway
Location
- County: Grayson
- Subdivision: Otp Howe
- Driving Directions: US 75 N. N Collins to N Carter St.
School Information
- Elem School District: Howe ISD
- Midd School District: Howe ISD
- High School District: Howe ISD
- Elementary School: Summit Hill
- Middle School: Howe
- High School: Howe
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Other
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,216 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.495
- Lot Size (Sq. Ft.): 21,562.2
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: OTP HOWE, BLOCK 7, LOT 3 4 & LOT 3 4 5, BLK 2
- Exclusions: Current tenant belongings (if applicable) fridge, washer and dryer. Tenant occupied with current lease through 3-31-27 at $1575 per month.
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 152466
- Block: 23
- Lot Number: 3
Listed by OmniKey Realty, LLC., Mallory Adams
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Schools
Schools serving 407 N Carter
School District:Howe Independent School District
| Name | Grades | Distance |
|---|---|---|
Howe Int 315 Roberts Street, Howe, TX 75459 | 3-5 | 0.6 mi |
Howe Elementary School 701 Summit Hill Parkway, Howe, TX 75459 | PK-2 | 1 mi |
Howe Middle School 300 Beatrice Street, Howe, TX 75459 | 6-8 | 0.6 mi |
Howe High School 200 E Ponderosa, Howe, TX 75459 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 407 N Carter
Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$185,000
-7.5%
MLS
4/02/2026
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 407 N Carter
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,854
11%
$129,325
-8%
2023
$2,580
2832%
$140,546
11%
2022
$88
—
$127,040
10%
2022
$88
—
$115,899
51%
2021
$88
—
$76,962
10%
2020
$88
-94%
$69,797
21%
2018
$1,583
-4%
$57,790
-9%
2019
$1,650
18%
$63,569
21%
2017
$1,396
9%
$52,536
10%
2016
$1,284
1%
$47,760
6%
2015
$1,266
—
$45,009
—
2014
$1,268
7%
$45,009
7%
2013
$1,181
—
$42,075
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 407 N Carter
407 N Carter, Howe, TX 75459 (MLS# 21226656) is a Single Family property with 3 bedrooms and 2 full bathrooms. 407 N Carter is currently listed for $185,000 and was received on April 02, 2026. Want to learn more about 407 N Carter? Do you have questions about finding other Single Family real estate for sale in Howe? You can browse all Howe real estate or contact a Coldwell Banker agent to request more information.

