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$151,000

NAL Estimated Property Value

1003 E Ripley St, Brownfield, TX, 79316

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,026 Sq Ft
price_per_sqft$54.29 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Disposal, Dishwasher, Microwave
FlooringConcrete, Tile, Vinyl

Exterior

Lot Size10,934 sqft

Building Information

Year Built1977

Land Information

APN18265
Lot Number7
Land UseResidential
Legal DescriptionBLK 11 LOT 7 P B N BLK/TRACT 11 0.251 ACRES
Census Tract950400
Assessed Land Value$4,680
Assessed Improvement Value$140,723
Assessment Year2024

About this property

Only a hop, skip, and jump away from Brownfield High School! This adorable 3/2, with a converted garage, could be exactly what you're looking for. Both bathrooms have been completely updated, all new flooring, all new interior and exterior paint, newer roof, and brand new shop. The shop is 400 sq ft., completely wired, and is registered with Terry County. Don't miss out on this amazing home!

Investor Tools

Property Icon
$151,000
Estimated Property Value
$27,972Estimated Mortgage Balance
$123,028Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,534
$145,403
2024
$4,680
$140,723
$145,403
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,534
$145,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank
N/A
$50,750
N/A
First
Jul 30, 2008
Aug 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,972
$123,028
81%
19%
$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: Brownfield

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1003 E Ripley St | Property Details | No Agent List