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$249,900

1009 Fm 378, Lorenzo, TX, 79343

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Exterior FeaturesAwning(s)
Lot Size2.75 acres

Building Information

Year Built2009

Land Information

APNR15194
Land UseResidential
Legal DescriptionA-1079 SURVEY 40 H&OB BLOCK C
Census Tract950300
Assessed Land Value$14,300
Assessed Improvement Value$214,020
Assessment Year2025

About this property

Spacious country home just outside Lorenzo, TX featuring just under 2,500 sq ft and surrounded by wide-open West Texas views. This charming brick home offers large living spaces, spacious bedrooms, tall ceilings, and an inviting kitchen and dining area perfect for entertaining. Situated on open land with a private drive and endless possibilities for country living, animals, or hobbies. Enjoy peaceful rural living with room to spread out and take in the Texas sunsets.

Investor Tools

Property Icon
$228,320
Estimated Property Value
$132,554Estimated Mortgage Balance
$110,065Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,304
$228,320
2025
$14,300
$214,020
$228,320
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,304
$228,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$132,554
Yes
First
Apr 2, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,255
$110,065
48%
52%
$911/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: Lorenzo

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1009 Fm 378 | Property Details | No Agent List