407 N Carter St

1,216 Sq. Ft.
$164 / Sq. Ft.
1,216
Sq. Ft.
$164
per Sq. Ft.

Description

Fantastic investment opportunity—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...Fantastic investment opportunity—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. Contact Listing Agent for more info.
  1. Listed by Mallory Adams • TREC #0746744 • OmniKey Realty, LLC. • 972-480-8280

Property Details for 407 North Carter Street

Subdivision Name
Otp Howe
Structural Style
Single Detached
Pool
No
LISTING UPDATED: 04/02/2026 07:10 PM

Property Details for 407 North Carter Street

StatusActive
MLS #21226656
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.49 AC / 21,562 SF
CountyGrayson County

Location

Listing Courtesy of OmniKey Realty, LLC., Mallory Adams
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Building Information for 407 North Carter Street

Stories1Year Built1940Building Size-Lot Size0.49 AC / 21,562 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$1,245 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,007

Property Taxes

$238

HOA Dues

$0

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Property Information for 407 North Carter Street

Summary
Location and General Information
  • Block: 23
  • Directions: US 75 N. N Collins to N Carter St.
  • Elementary School: Summit Hill
  • Elementary School Name: Summit Hill
  • High School: Howe
  • High School Name: Howe
  • Middle School: Howe
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Howe ISD
  • Geocode Confidence: Medium
  • Latitude: 33.51
  • Longitude: -96.61
  • State: Texas
Parking
  • Parking Features: Driveway
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: OTP HOWE, BLOCK 7, LOT 3 4 & LOT 3 4 5, BLK 2
  • Association Type: None
  • Tax Lot: 3
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available
  • Number Of Dining Areas: 0
  • Number Of Living Areas: 1
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Laundry Features: Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup
  • Living Area: 1216.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
  • Room and Floor: Bedroom-1-1, Bedroom-1-2, Bath-Full-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1, Bath-Primary-1-1
Exterior Features
  • Construction Materials: Siding, Other
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Bedroom-1-1, Bedroom-1-2, Bath-Full-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Living Room-1-1, Bath-Primary-1-1
  • Room List: Bedroom, Bath-Full, Bedroom-Primary, Master Bedroom, Living Room, Bath-Primary
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Levels: One
Room 1
  • Room Dimensions: 0 x 0
  • Room Features: Ceiling Fan(s)
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: .00
Room 2
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: .00
Room 3
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: .00
Room 4
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bath-Primary
  • Room Width: .00
Room 5
  • Room Dimensions: 0 x 0
  • Room Features: Ceiling Fan(s)
  • Room Length: .00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: .00
Room 6
  • Room Dimensions: 0 x 0
  • Room Length: .00
  • Room Level: 1
  • Room Type: Bath-Full
  • Room Width: .00
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water
Property and Assessments
  • Exclusions: Current tenant belongings (if applicable) fridge, washer and dryer. Tenant occupied with current lease through 3-31-27 at $1575 per month.
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.495
  • Lot Size Area: 0.495
  • Lot Size Units: Acres
  • Lot Size Square Feet: 21562.2
  • Multi Parcel ID: No
  • Parcel Number: 152466
  • Property Attached: No

Property History for 407 North Carter Street

DateEvent & SourcePriceAppreciation
Apr 2, 2026

Listed (Active)

NTREIS #21226656

$200,000
Mar 31, 2025

Withdrawn

NTREIS #20798861

Mar 11, 2025

Active Option Contract

NTREIS #20798861

Feb 21, 2025

Price Change

NTREIS #20798861

$190,000
Jan 28, 2025

Price Change

NTREIS #20798861

$200,000
Jan 15, 2025

Price Change

NTREIS #20798861

$205,000
Dec 17, 2024

Listed (Active)

NTREIS #20798861

$215,000
Apr 10, 2024

Withdrawn

NTREIS #20552361

Mar 25, 2024

Price Change

NTREIS #20552361

$197,500
Mar 5, 2024

Listed (Active)

NTREIS #20552361

$200,000
DateEvent & SourcePrice
04/02/2026

Listed (Active)

NTREIS #21226656

$200,000
03/31/2025

Withdrawn

NTREIS #20798861

03/11/2025

Active Option Contract

NTREIS #20798861

02/21/2025

Price Change

NTREIS #20798861

$190,000
01/28/2025

Price Change

NTREIS #20798861

$200,000
01/15/2025

Price Change

NTREIS #20798861

$205,000
12/17/2024

Listed (Active)

NTREIS #20798861

$215,000
04/10/2024

Withdrawn

NTREIS #20552361

03/25/2024

Price Change

NTREIS #20552361

$197,500
03/05/2024

Listed (Active)

NTREIS #20552361

$200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 407 North Carter Street

Taxable ValueLand$65,248Additions$64,077Total$129,325
Tax Record2024$2,854 ($238 / month)
Home Facts
Beds0Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtLot Size21,575 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1975CountyGRAYSONAPNH003 5912005

Schools near 407 North Carter Street

This home is within Howe Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Summit Hill Elementary School
PublicPK to 2

Howe Middle School
Public6 to 8

Howe High School
Public9 to 12

Howe Intermediate School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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407 North Carter Street is a single family home for sale in Howe, TX 75459. This property was listed for sale on April 2, 2026 by OmniKey Realty, LLC., it's currently listed at $200,000. This listing's school district is Howe Independent School District. Nearby schools include Summit Hill Elementary School, Howe Middle School and Howe High School. 407 North Carter Street is a 3-bed, 2-bath, 1,216 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OmniKey Realty, LLC., Mallory Adams

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/02/2026 07:10 PM