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$220,000

1016 Usher St, Benbrook, TX, 76126

$240,384 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.9 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size16,871 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN2350-32-26-B
Lot Number26
SubdivisionBenbrook Lakeside Addition
Land UseResidential
Legal DescriptionBENBROOK LAKESIDE ADDITION BLOCK 32 LOT 26 26- 4B BLK 32
Census Tract110906
Assessed Land Value$42,652
Assessed Improvement Value$124,775
Assessment Year2025

About this property

Bring all your buyers to see this home that has so much potential. Just bring your imagination and creative eye to make this home your own. It has endless possibilities. It has 3 bedrooms, 2 full bath home, both with what appears to be original tile. It also has 2 large living rooms, one with a wood burning fireplace, 2 dining but one could easily e an office. It has an extremely large L-shaped kitchen with a lot of cabinets and counters. This would make a great retirement home or rental property. The seller does not accept blind offers or escalation clauses. Buyer to verify all information.

Investor Tools

$98,344Estimated Mortgage Balance
$159,656Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$240,384
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

Interested in this property?

Michelle Long

Texas DFW Homes RE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,428
$167,427
2025
$42,652
$124,775
$167,427
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,428
$167,427

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$180,000
No
First
Jun 2, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,344
$159,656
61%
38%
$1,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,137/mo
+$943/mo
9.7%

City: Benbrook

1016 Usher St | Property Details | No Agent List