$406,000
NAL Estimated Property Value104 E Brown Street, Lipan, TX, 76462
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Laminate
Exterior
Lot Size8,276 sqft
Building Information
Year Built2000
Stories2
Land Information
APN20007.001.0320.0
Land UseResidential
Legal DescriptionACRES: 0.190 ABST: GEORGE ALLEN - ABST 7
Census Tract160302
Assessed Land Value$40,000
Assessed Improvement Value$279,780
Assessment Year2025
About this property
Investment opportunity! 4 units, each is 2 bedroom 1 bath and approximately 723 square feet. All units are leased! Appliances included.
Investor Tools
$406,000
Estimated Property Value
$268,457Estimated Mortgage Balance
$137,543Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,944
$319,780
2025
$40,000
$279,780
$319,780
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,944
$319,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nom Funding Llc
Conventional
$276,250
No
First
Oct 16, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,457
$137,543
33%
66%
$1,657/mo
