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$222,894

NAL Estimated Property Value

1002 N Main, Meridian, TX, 76665

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$199.17 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringConcrete

Exterior

Lot Size12,502 sqft

Building Information

Year Built2022

Land Information

APNR20218
Lot Number7
Land UseResidential
Legal DescriptionMERIDIAN A-440 (AKA OD LANE ADDN) LOT 7
Census Tract950200
Assessed Land Value$40,000
Assessed Improvement Value$182,894
Assessment Year2025

About this property

Now presenting the rare opportunity to buy a BRAND NEW HOME on historical Main Street in Meridian, TX, one of the prettiest streets in the county. This cozy two bedroom, two bathroom home is very spacious with a wonderfully planned layout and no detail was left undone. The open concept living and kitchen area is perfect to gather the WHOLE family with tons of room for everyone! The kitchen is a dream with stunning counter tops, beautifully painted cabinets and a black tile backsplash! You will enjoy the BRAND NEW APPLIANCES including a stainless steel refrigerator, washer and dryer. Both bathrooms are finished out with wood tile that wrap the shower, tub combo and make both rooms cozy and relaxing. You will LOVE everything inside and out about this home in the perfect location! Come see it while it lasts!!!

Investor Tools

Property Icon
$222,894
Estimated Property Value
$172,900Estimated Mortgage Balance
$49,994Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,251
$222,894
2025
$40,000
$182,894
$222,894
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,251
$222,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Va
$178,200
Yes
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,900
$49,994
22%
78%
$1,069/mo

City: Meridian

1002 N Main | Property Details | No Agent List