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$284,000

NAL Estimated Property Value

1202 W Philadelphia St, Marfa, TX, 79843

$341,612 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths490 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$602.04 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1

Exterior

Lot Size6,229 sqft

Building Information

Year Built2005

Land Information

APN233000000060009000000
Lot Number9
SubdivisionWest Heights
Land UseResidential
Legal Description6, WEST HEIGHTS LOT 9
Census Tract950100
Assessed Land Value$81,880
Assessed Improvement Value$112,150
Assessment Year2025

About this property

Rigorous rental record for this turnkey adobe bungalow in the heart of Marfa. Steps from beloved eateries of Bordo & Convenience West, this charming modern adobe has amazing light with 4 skylights, spiral staircase to the lofted bedrooom and a detached bathhouse one step from the main home. Mini split keeps things warm and cool. Front and back porches offer shade and sun with a fenced lot for privacy. Easy to lock and leave. Wonderful for short vacations and longer stays. Classic Marfa.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$137,744Estimated Mortgage Balance
$8,930Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$341,611
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,792
$194,030
2025
$81,880
$112,150
$194,030
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,792
$194,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Michael Phelan
Seller Carryback / Seller Financing / Seller Take-Back
$140,000
No
First
May 28, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,744
$145,256
51%
49%
$840/mo

City: Marfa

1202 W Philadelphia St | Property Details | No Agent List