Last 24 Hours
$120,000
1200 N 4th Street, Lamesa, TX, 79331
Pending
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size4,792 sqft
Land Information
APN2826
Lot Number15
Land UseResidential
Legal DescriptionLOT 15 BLK 1 HODGE ADDN
Census Tract950402
Assessed Land Value$2,970
Assessment Year2025
About this property
This is 5 lots and 2 partial lots that have highway frontage just behind Swift Stop Convenience Store in Lamesa. This is a busy intersection and these lots have a lot of highway frontage.
Investor Tools
$0Estimated Mortgage Balance
$123,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$60/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$101
$2,970
2025
$2,970
N/A
$2,970
No
Tax History
Year
Tax Paid
Assessed Value
2022
$101
$2,970
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,000
100%
0%
$0/mo
12.4%