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1600 Irwin Ln, Sulphur Springs, TX, 75482

3beds
2baths
1,440sqft
$189,000
$131price/sqft
$1,481/moest. monthly cost
$59,240/yrincome needed

About This Home

The Perfect Starter Home or Investment Opportunity! Looking for your first home or your next smart investment? This well maintained 3-bedroom, 2-bath home sits on a spacious corner lot in a desirable neighborhood just minutes from shopping, dining, and local schools. Step inside to find updated flooring and large windows that flood the home with natural light, creating a bright and welcoming feel. The kitchen has been refreshed with brand-new countertops and new flooring — giving you a clean, modern space ready for everyday living or future tenants. Outside, you’ll love the added value: Two-car covered parking 400 sq. ft. attached storage building Additional covered space for lawn equipment or projects A second bathroom was added just three years ago (approximately 45 additional square feet not yet reflected on the tax roll), offering extra functionality and increased rental appeal. With three comfortable bedrooms, there’s flexibility for a growing family, roommates, a home office, or strong rental potential. Whether you’re buying your very first home or adding to your portfolio, this property checks all the boxes for comfort, convenience, and long-term value.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1957

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 2

Property

Lot

  • Lot size: 0.31 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Carport,Concrete,Covered,Carport,Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Ice Storm
Strong Wind
Heat Wave
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $955$11,460
Home Insurance *$181$2,172
Property Taxes $107$1,284
Electricity $238$2,859
Total$1,481$17,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,777/yr
40% on housing$44,430/yr
45% on housing$39,493/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 75482$156
Hopkins County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 75482$159
Hopkins County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

For Sale by Agent

AgentBradley Edge
BrokerageRE/MAX Advanced

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