$210,000
1029 FM 1365, Mexia, TX, 76667
Pending
Highlights
Interior
AppliancesNone
Exterior
Lot Size1 acre
Building Information
Year Built1950
Land Information
APNR20740
Land UseAgriculture / Farming
Legal DescriptionA187 W.A. ELLIOT, ACRES 1
Census Tract970200
Assessed Land Value$14,500
Assessed Improvement Value$56,500
Assessment Year2024
About this property
20 acres on FM 1365. 1500 square foot farm house on property. House needs updating and repairs. Additional acreage available.
Investor Tools
$0Estimated Mortgage Balance
$71,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$83/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$644
$71,000
2024
$14,500
$56,500
$71,000
No
Tax History
Year
Tax Paid
Assessed Value
2022
$644
$71,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$71,000
100%
0%
$0/mo
