$224,000
NAL Estimated Property Value1 Iron Ore Road, Kenefick, TX, 77535
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size2 acres
Building Information
Year Built1983
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR65436
Lot Number4
SubdivisionRolling Meadows
Land UseResidential
Legal DescriptionROLLING MEADOWS, BLOCK 1, LOT 4, PT 3 (N/PT), ACRES 2.0
Census Tract700802
Assessed Land Value$111,490
Assessed Improvement Value$104,290
Assessment Year2025
About this property
Country Living at its best! 1 bedroom 1 bath home is located on 2 acres with a carport in Kenefick. With some TLC you could make this property your private oasis. The Kitchen/living room is open to the bedroom with a large closet area. The bathroom has a soaking tub and separate shower. The living room a wood burning heater great for cold winter nights. The home is cooled by a wall mounted mini split system for those days. There is a storage area or workshop to the right of the porch. Schedule your showing now before it's gone.
Investor Tools
$224,000
Estimated Property Value
$54,688Estimated Mortgage Balance
$169,312Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,942
$215,780
2025
$111,490
$104,290
$215,780
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,942
$215,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First Liberty National Bank
Purchase Money Mortgage
$60,000
No
First
Sep 17, 2021
Sep 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,688
$169,312
75%
24%
$360/mo
