$145,000
110 Broadway Ave, Groom, TX, 79039
$188,500 ARV
On Market
Commercial
Highlights
Interior
Exterior
Lot Size7,492 sqft
Building Information
Year Built1965
Land Information
APN00500-00400-00000-000000
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 4 OT-GROOM 4 APARTMENTS
Census Tract950100
Assessed Land Value$1,500
Assessed Improvement Value$58,700
Assessment Year2025
About this property
**Back on Market BEFORE inspections were done! The seller would love to get this one sold!! ** Great opportunity in Groom, TX! This 4-plex sits on a corner lot and features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. All units are currently occupied with great tenants, offering immediate income potential in a quiet small-town setting. Interested? Let's talk!
Investor Tools
$0Estimated Mortgage Balance
$60,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$188,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$750
$60,200
2025
$1,500
$58,700
$60,200
No
Tax History
Year
Tax Paid
Assessed Value
2025
$750
$60,200
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$60,200
100%
0%
$0/mo
