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$321,000

NAL Estimated Property Value

105 Cherry Ln, Lamesa, TX, 79331

$377,557 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,266 Sq Ft
price_per_sqft$108.7 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Dishwasher, Gas Range, Microwave, Water Softener Owned
FlooringCeramic Tile, Carpet, Other

Exterior

Exterior FeaturesStorage
Lot Size12,720 sqft

Building Information

Year Built1965

Land Information

APN4886
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK 8 PARK TERRACE
Census Tract950500
Assessed Land Value$6,720
Assessed Improvement Value$259,600
Assessment Year2025

About this property

This beautifully remodeled Park Terrace stunner boasts over 3000 square feet of thoughtfully designed living space. With a warm and inviting open-concept floor plan, this home checks every box for comfort, style, and functionality. As you step inside, the gorgeous flooring flows seamlessly throughout most of the main areas, and the living room steals the show with its stunning wall of windows and open spacious floor plan. The kitchen is the heart of the home and a chef's delight, complete with sleek quartz countertops, a spacious island, gas range, and separate coffee/drink station perfect for entertaining. Whether you're hosting holiday meals or enjoying a quiet breakfast, this kitchen is meant to impress. You'll love the 2nd living space with carpet and tile, ideal as a media room, home gym, game room, or 4th bedroom. The isolated primary suite offers a peaceful retreat with its cozy fireplace, large walk-in closet, and luxurious en-suite bath featuring double vanities, and large walk-in shower. Need a private space for guests or a home office? The 3rd bedroom includes its own full bathroom with separate vanity area and walk-in closet, perfect for visitors or working from home in peace. Out back, you'll find a spacious covered porch and separate open patio, the perfect spot for outdoor dining, cool evenings, and making memories with friends and family year-round. Located in a beautiful neighborhood where local residents enjoy evening walks around the tree lined streets and in close proximity to the golf course. Come see what all this home offers. It won't disappoint! Schedule your showing today.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$0Estimated Mortgage Balance
$321,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$377,556
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,120
$266,320
2025
$6,720
$259,600
$266,320
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,120
$266,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$321,000
100%
0%
$0/mo

City: Lamesa

105 Cherry Ln | Property Details | No Agent List