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$220,000

NAL Estimated Property Value

1199 Carter Lake Dr, Bowie, TX, 76230

$286,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$672 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesMicrowave, Dishwasher

Exterior

Lot Size65.28 acres

Building Information

Year Built2015

Land Information

APNR000014666
Land UseResidential
Legal DescriptionACRES: 65.280 AB 984 WM NORMAN
Census Tract950401
Assessed Land Value$718,080
Assessed Improvement Value$75,160
Assessment Year2025

About this property

There is excellent cover and browse for the varied wildlife which includes Whitetail deer, Rio Grande turkey, varmints and small game. For water Features this property has thee tanks amply stocked with bass and channel cat and one seasonal tank for livestock. It also has heavily wooded creek that carried water almost year-round for the last three years. Improvements include an approximate 1000 ft. three bedroom one back fully furnished cabin with a large kitchen/dining area and handsome stone burning fireplace. This home also features a screened in front porch, central heat and air and an elevated wood deck at the back of the house that overlooks the creek. 30x40 metal equipment shed and a 40-foot storage container for tools/equipment and outdoor toys. The water supply come from 120-foot water well which was upgraded with a new submersible pump and pressure tank last year.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$222,910Estimated Mortgage Balance
$220,000Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$286,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,032 /month
Positive
Cash Flow Estimate:
$1,344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$445
$89,630
2025
$718,080
$75,160
$793,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$445
$89,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roy Fchastain
Unknown
$318,000
No
First
Mar 8, 2013
Apr 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,910
$97,090
30%
101%
$1,907/mo

City: Bowie

1199 Carter Lake Dr | Property Details | No Agent List