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$54,900

1012 Bowman Dr, Borger, TX, 79007

$71,370 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$35.74 / sqft

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesRange

Exterior

Private PoolPrivate Pool
Lot Size6,499 sqft

Land Information

APN3811
Land UseResidential
Legal Description23 BLK 33 GATEWAY HTS
Census Tract950600
Assessed Land Value$3,250
Assessed Improvement Value$112,290
Assessment Year2025

About this property

3 bedroom, 1 bathroom and 2 living areas. Financed offers must include: POF & Lender Pre-approval Letter. Cash offers must include POF. Corporate offers must include Corporate Resolution reflecting authorized signer. Buyer(s) to verify Sq Ft. of lot and structure. Property SOLD ''AS-IS''. Offers will be reviewed after 7 days on the market unless you receive other instruction from your REO Specialist.

Investor Tools

Property Icon
$115,540
Estimated Property Value
$82,500Estimated Mortgage Balance
$58,721Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$71,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$693 /month
Positive
Cash Flow Estimate:
$231 /month

Interested in this property?

John Walker

J. Walker Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,834
$115,540
2025
$3,250
$112,290
$115,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,834
$115,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
One Source Mortgage Llc
Reverse Mortgage / Hecm
$82,500
No
First
Oct 10, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,819
$58,721
50%
49%
$495/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: Borger

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1012 Bowman Dr | Property Details | No Agent List