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$320,000

NAL Estimated Property Value

108 N Kickapoo St, Lipan, TX, 76462

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,313 Sq Ft
price_per_sqft$103.76 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
FlooringLaminate, Wood

Exterior

Lot Size36,547 sqft

Building Information

Year Built1950
Stories2
Garage Spaces2

Land Information

APN15800.002.0004.3
Lot NumberS
SubdivisionLipan
Land UseResidential
Legal DescriptionACRES: 0.839 LOT: S PT 4 THRU 6;W PT 9;N PT 3;NW PT 12 BLK: 2 SUBD: LIPAN
Census Tract160302
Assessed Land Value$50,000
Assessed Improvement Value$208,470
Assessment Year2025

About this property

1950 Craftsman-Farmhouse style home with wood siding, a tin roof, a large 41x22 covered back patio, The lot size is .839 of an acre, there is a a storm shelter in the backyard, a 36x40 metal enclosed workshop-warehouse with a slab foundation and it's own electric meter & an attached 18x40 covered shed for parking vehicles or equipment. There's an 11x30 RV carport with 30amp service and an outhouse behind it. Home features wood floors, 2 living rooms, eat-in kitchen, granite counter tops, 2 bedrooms & 1 bathroom downstairs, 2 bedrooms & an office upstairs. This property is owned by the Secretary of Veterans Affairs and is being sold AS IS. Square footage and all measurements are approximate.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$170,680Estimated Mortgage Balance
$149,320Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,823
$258,470
2025
$50,000
$208,470
$258,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,823
$258,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$180,000
No
First
Jul 6, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,680
$149,320
46%
53%
$1,080/mo

Learn About the Market: Opportunity in Texas

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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: Lipan

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108 N Kickapoo St | Property Details | No Agent List