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$181,000

NAL Estimated Property Value

103 Jennings, Martindale, TX, 78655

$235,300 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,317 Sq Ft
price_per_sqft$86.1 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesElectric Range, Microwave, Refrigerator, Water Heater
FlooringWood

Exterior

Exterior FeaturesNone
Lot Size22,303 sqft

Building Information

Year Built1940
Stories1

Land Information

APN1000021-220-000-00
SubdivisionPettus, William
Land UseResidential
Legal DescriptionA021 PETTUS, WILLIAM, ACRES .512
Census Tract960501
Assessed Land Value$51,970
Assessed Improvement Value$73,390
Assessment Year2025

About this property

Situated on a spacious .50-acre lot with mature trees, this unique property offers the perfect blend of opportunity and charm in Martindale. Just a short walk from the river and downtown, it’s ideal for those who appreciate both nature and convenience. The property features a cozy, 1-bedroom, 1-bathroom apartment above the carport, perfect for comfortable living while you take on the exciting project of refurbishing the 2-bedroom, 1-bathroom main house. With plenty of potential and character, this handyman’s special is perfect for those looking to create their dream home in a peaceful setting.

Investor Tools

Property Icon
$181,000
Estimated Property Value
$0Estimated Mortgage Balance
$181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$235,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,197 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,807
$117,180
2025
$51,970
$73,390
$125,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,807
$117,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,282/mo
N/A
+$1,282/mo
8.5%

City: Martindale

103 Jennings | Property Details | No Agent List