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$359,000

NAL Estimated Property Value

1001 N 22nd, Lamesa, TX, 79331

$380,237 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.54 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesCooktop, Disposal, Electric Cooktop, Water Purifier, Water Purifier Owned, Water Softener, Water Softener Owned
FlooringCarpet, Vinyl

Exterior

Lot Size12,415 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN2331
Lot Number1,2
Land UseResidential
Legal DescriptionLOT 1 & E/30 OF LOT 2 BLK 2 FORREST ACRES (1001 N 22ND )
Census Tract950401
Assessed Land Value$8,060
Assessed Improvement Value$343,570
Assessment Year2025

About this property

You don't want to miss out on this beautiful Lamesa home! This home has tons of updates including new luxury vinyl floors with cork backing, granite kitchen countertops and appliance updates, new showers in two bathrooms and much more! It is a 4-bedroom 3 bath house with TWO master suites that are both isolated and have their own bathrooms. You'll have plenty of space and storage room in this home with two dining areas, a large living area with a fireplace and a bonus area leading to the back patio! This home also includes a large shop in the backyard with street access, a water well, RO system, 2 HVAC systems each with their own thermostat, and an alarm system. Photos don't do this house justice, make sure to check it out for yourself!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$0Estimated Mortgage Balance
$359,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$380,236
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,252
$227,440
2025
$8,060
$343,570
$351,630
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,252
$227,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lamesa

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1001 N 22nd | Property Details | No Agent List