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$389,000

NAL Estimated Property Value

11224 Brock Highway, Lipan, TX, 76462

$458,366 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,126 Sq Ft
price_per_sqft$145.81 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater

Exterior

Exterior FeaturesDog Run, Storage
Lot Size4 acres

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN20310.000.0100.0
SubdivisionJoseph P Clinchy Survey Abstract #93
Land UseResidential
Legal DescriptionACRES: 4.000 ABST: C KNEASS - ABST 310 & ABST 93 J P CLINCH
Census Tract160302
Assessment Year2025

About this property

Affordable Country Living on 4 Acres in a 2126 sq ft 4-2 in Lipan Area on Brock Hwy!!! This property was Remodeled and Updated in 2014 and would be a Great Family Residence or an Investment Property. Located only 3 miles outside of Lipan and from the highly acclaimed Lipan ISD it is truly a Hidden Gem and Priced to Sell!!! Horses, Livestock and Pets welcome or use for Recreational Purposes as this property has NO Restrictions! Call and Schedule a Showing Today!

Investor Tools

Property Icon
$389,000
Estimated Property Value
$277,430Estimated Mortgage Balance
$111,570Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$458,366
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,274
$323,510
2025
N/A
N/A
$323,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,274
$323,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$289,656
Yes
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,430
$111,570
28%
71%
$1,737/mo

City: Lipan

11224 Brock Highway | Property Details | No Agent List