$245,000
1020 State Highway 207, Floydada, TX, 79235
$250,000 ARV
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesRange, Dishwasher
Exterior
Lot Size10 acres
Building Information
Year Built1956
Garage Spaces2
Land Information
APNR000004611
Land UseAgriculture / Farming
Legal DescriptionACRES: 10.000 TR: NE/4 BLK: D-2 SURV: 25 GCSF RR
Census Tract950500
Assessed Land Value$8,950
Assessed Improvement Value$113,580
Assessment Year2025
About this property
Home, shop, and land in Floydada! This spacious home has been completely renovated and features updated flooring throughout, updated electrical, and fresh paint. There is a washroom on the back of the home that could double as an office. The entire property sits on 10 acres with 8 of them being fenced. The 30x60 shop features concrete floors and has electricity.
Investor Tools
$0Estimated Mortgage Balance
$115,180Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,423
$115,180
2025
$8,950
$113,580
$122,530
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,423
$115,180
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$115,180
100%
0%
$0/mo
