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$169,000

NAL Estimated Property Value

111 15th Street, Levelland, TX, 79336

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,240 Sq Ft
price_per_sqft$137.02 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringHardwood, Laminate

Building Information

Year Built1998
Garage Spaces2

Land Information

APN6064
Lot Number4
Land UseCommercial
Legal DescriptionC M ELDER (LEV), BLOCK 8, LOT 4
Census Tract950500
Assessed Land Value$5,680
Assessed Improvement Value$163,320
Assessment Year2025

About this property

2 HOUSES FOR SALE IN ONE! Main house approx. 1240 sqft, and the second house is approx. 480 sqft. Together, the combined square footage of both houses are priced at $99/sqft. Main house: Such a cute 3 bedroom, 1 bath, 2 car garage home with a brick fireplace! Central heat/air. Washer/dryer hook-ups! BIG kitchen with breakfast bar and separate eating area. Master bedroom has one walk-in closet and two other smaller closets. Great Location! Walking distance to South Elementary and South Plains College! There is a second home on this property that can be used as a mother-in-law suite or an income property. It has its own backyard. There is not a current tenant as of March 2023 due to selling the property, but it rented for $475/month. It is a one bedroom, one bath, full kitchen, washer and dryer hook-ups and has a separate backyard as the main house with a storage building. Central heat/air.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$155,178Estimated Mortgage Balance
$13,822Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,208
$169,000
2025
$5,680
$163,320
$169,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,208
$169,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$163,930
No
First
Jun 21, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,178
$13,822
8%
92%
$983/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Levelland

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111 15th Street | Property Details | No Agent List