$163,000
NAL Estimated Property Value1090 W Elm Street, Stephenville, TX, 76401
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer, Washer
FlooringWood
Exterior
Lot Size4,966 sqft
Building Information
Year Built1960
Land Information
APNR000032244
Lot Number1A
SubdivisionKight Second Addition
Land UseResidential
Legal DescriptionS4400 KIGHT SECOND ADDITION; BLOCK 4;, LOT 1A; (E51.79 OF)
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$109,010
Assessment Year2025
About this property
Come check out this cut little 2 bedroom, 1 bathroom house just down the street from Tarleton State University! It's in a perfect location for a college student or if you're looking for a income producing property. This would make a great starter home as well! The wood floors are in great shape and the washer and dryer come with the house. The backyard is a nice size with a good fence and even has a little shop with electricity! This little house checks all of the boxes, so don't hesitate to come give it a look!
Investor Tools
$163,000
Estimated Property Value
$40,715Estimated Mortgage Balance
$122,285Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$68/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$149,010
2025
$40,000
$109,010
$149,010
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$149,010
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mcbank
Purchase Money Mortgage
$47,000
No
First
Sep 6, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,715
$122,285
75%
25%
$282/mo
