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$80,000

1005 E Lons St, Brownfield, TX, 79316

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths10,498 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$7.62 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyPre-ForeclosureHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesFree-Standing Gas Range, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesStorage
Lot Size10,498 sqft

Building Information

Year Built1976
Garage Spaces1

Land Information

APN24229
Lot Number9
Land UseResidential
Legal DescriptionBLK 1 LOT 9 TINY'S BLK/TRACT 1 0.241 ACRES
Census Tract950400
Assessed Land Value$3,938
Assessed Improvement Value$100,880
Assessment Year2024

About this property

2 BR, 1 bath, 1 car garage, fixer upper with large back yard shop and a smaller storage building, shop door entrance is on the alley with a walk in door in the back yard, inside of house and shop trashed but roof looks good and no visible water damage inside. Brick veneer looks good, CH/RAC ceiling vents, someone loved this house, but it has been vacant for some time and needs TLC now. Winterized and the utities are off. Landscaping has gone to weeds.

Investor Tools

$21,121Estimated Mortgage Balance
$83,840Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$629 /month
Positive
Cash Flow Estimate:
$210 /month

Interested in this property?

Will Fowler

The Nicholson Agency Real Esta

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,977
$104,818
2024
$3,938
$100,880
$104,818
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2022
$1,977
$104,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Beneficial Texas, Inc
N/A
$44,790
N/A
First
Aug 9, 2006
Aug 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,121
$83,697
79%
20%
$269/mo

City: Brownfield

1005 E Lons St | Property Details | No Agent List