$109,500
$119,500
106 Allen St, Arp, TX, 75750
$113,883 ARV
On Market
Price Drop
Property Lead Type:
Must-SellAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
FlooringCeramic Tile
Exterior
Exterior FeaturesStorage
Lot Size11,108 sqft
Building Information
Year Built1980
Stories1
Roof Type105
Land Information
APN1-53580-0000-01-005000
Lot Number5
SubdivisionMid City Arp
Land UseResidential
Legal DescriptionMID CITY ARP LOT 5
Census Tract002102
Assessed Land Value$14,328
Assessed Improvement Value$113,657
Assessment Year2025
About this property
This distressed property offers three bedrooms and two baths and a large (.255 acres per SCAD) fenced backyard and conveniently located in Arp, TX. The garage conversion offers a flexible space.
Investor Tools
$137,666Estimated Mortgage Balance
$43,079Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$113,883
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,033
$127,985
2025
$14,328
$113,657
$127,985
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,033
$127,985
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$148,000
Yes
First
Aug 23, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,666
$1,334
0%
76%
$888/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$888/mo
+$572/mo
9.7%
