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$89,000

103 Monroe Ave, Lorenzo, TX, 79343

$115,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$53.29 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Disposal, Microwave, Water Purifier, Water Purifier Owned, Water Softener, Water Softener Owned

Exterior

Lot Size10,498 sqft

Building Information

Year Built1950

Land Information

APNR12692
Lot Number2
Land UseResidential
Legal DescriptionEDGEMERE 4 LORENZO BLOCK 202 LOT 2
Census Tract950300
Assessed Land Value$3,330
Assessed Improvement Value$72,030
Assessment Year2025

About this property

This amazingly spacious home has 2 living areas, perfect for entertaining. Complete with 4 Bedrooms plus an office and 2 bathrooms. This house will have you with out any need for extra space. This Place is a castle! This home is sure to please any family. The second living area is 600 square feet alone and is the ideal area to host family and friends. Don't miss out on this amazing opportunity.

Investor Tools

Property Icon
$89,000
Estimated Property Value
$70,774Estimated Mortgage Balance
$23,286Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$115,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$885 /month
Positive
Cash Flow Estimate:
$295 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$928
$75,360
2025
$3,330
$72,030
$75,360
No

Tax History

Year
Tax Paid
Assessed Value
2022
$928
$75,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$70,774
Yes
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,714
$23,286
26%
74%
$425/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lorenzo

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103 Monroe Ave | Property Details | No Agent List