$275,000
NAL Estimated Property Value109 Martindale St, TX, 78655
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range, Gas Water Heater, Refrigerator
FlooringTile, Vinyl, Wood
Exterior
Exterior FeaturesGarden
Lot Size15,372 sqft
Building Information
Year Built1947
Stories1
Garage Spaces1
Land Information
APN1000000-205-004-10
Lot Number4
SubdivisionNew Addn.
Land UseResidential
Legal DescriptionNEW ADDN., LOT PT 4
Census Tract960501
Assessed Land Value$43,040
Assessed Improvement Value$196,950
Assessment Year2025
About this property
Location, Location...Come enjoy the this quaint town of Martindale and walking distance to the river. You will fall in love with this historical home built in 1904, per the owner. Has the original wood flooring in the large living area with a fireplace, also has a nice updated master bedroom and bath. The kitchen has been refurbished also with white tile countertops and original painted cabinets. This home sits on a corner lot is .338 acres with a carport and shed and a workshop. Also has a nice garden area to enjoy planting. This home has never flooded.
Investor Tools
$275,000
Estimated Property Value
$144,610Estimated Mortgage Balance
$130,390Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,259
$239,990
2025
$43,040
$196,950
$239,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,259
$239,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$150,000
No
First
May 8, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,610
$130,390
47%
53%
$900/mo
