Last 24 Hours
$94,000
NAL Estimated Property Value1015 N May Street, Madisonville, TX, 77864
$122,200 ARV
Off Market
2 Beds
1 Bath
1,088 Sq Ft
$89.15 / sqftProperty Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1Exterior
Lot Size26,027 sqft
Land Information
APNR-0110-000-1050-901
Land UseResidential
Legal DescriptionA0110 J S HUNTER TRACT 105 .5975 ACRES
Census Tract000400
Assessed Land Value$21,770
Assessed Improvement Value$40,690
Assessment Year2025
About this property
Welcome to this 2-bedroom, 1-bathroom home brimming with potential! The year the home was built is unknown but it is a spanning 1,208 sq ft, this property is a blank canvas ready for your creative vision. Nestled on a generous .61-acre commercial lot with highway frontage, it offers the unique advantage of versatile zoning, making it ideal for both residential and commercial uses.
Investor Tools
$94,000
Estimated Property Value
$72,979Estimated Mortgage Balance
$21,021Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$122,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$582 /month
Positive
Cash Flow Estimate:
$194 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,280
$62,460
2025
$21,770
$40,690
$62,460
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,280
$62,460
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista National Bank & Trust
Unknown
$74,400
No
First
Apr 17, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,979
$21,021
22%
78%
$447/mo
12.4%