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$211,070

1032 Thrams St, Borger, TX, 79007

SoldInfo
7/01/26
Beds3 Beds
Baths1 Bath
Baths1,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.42 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 0.5Bathrooms 0.5
AppliancesOven, Microwave, Dishwasher, Cooktop

Exterior

Lot Size6,059 sqft

Building Information

Year Built1959
Garage Spaces2

Land Information

APN4026
Land UseResidential
Legal Description17 BLK 32 GATEWAY HTS
Census Tract950600
Assessed Land Value$3,000
Assessed Improvement Value$208,070
Assessment Year2025

About this property

Completely renovated & truly move-in ready! This spacious 4-bed, 2-bath home has been thoughtfully updated from top to bottom with quality improvements throughout. Recent upgrades include fresh paint, new windows, updated plumbing lines, upgraded electrical with new outlets, & all new lighting, fixtures, & ceiling fans. The beautifully remodeled kitchen features a charming farmhouse sink & modern finishes, while both bathrooms have been fully updated with stylish tile work, new tub, & showers. Additional improvements include new sliding glass doors, a new garage door, relocated HVAC unit with new lines, & updated washer & dryer plumbing & electrical connections. The oversized 2-car garage offers abundant storage space & showcases brand-new epoxy flooring. With extensive renovations, modern touches, and a functional layout, this home is ready for its next owner to move right in and enjoy!

Investor Tools

Property Icon
$211,070
Estimated Property Value
$78,551Estimated Mortgage Balance
$145,925Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,734
$211,070
2025
$3,000
$208,070
$211,070
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,734
$211,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$78,551
Yes
First
Feb 27, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,145
$145,925
69%
31%
$471/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.

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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: Borger

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