$412,000
NAL Estimated Property Value12058 John Locke Lane, Iola, TX, 77861
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringVinyl
Exterior
Lot Size1.25 acres
Building Information
Year Built2023
Garage Spaces2
Land Information
APNR78400
Lot Number4-36
Land UseResidential
Legal DescriptionFIVELAND SUB #1, LOT 36-4, ACRES 1.25
Census Tract180303
Assessed Land Value$37,040
Assessed Improvement Value$347,450
Assessment Year2025
About this property
This property is a MUST SEE! Recently completed New Build, gently lived in for only a couple of months! This home is in amazing condition and sits on 1.25 Acres with a pond in the back. Featuring large trees and open spaces, this beauty has it all! Great layout including 4 Bedrooms, 2 Baths, a sprinkler system, fenced backyard, and gutters! NO HOA!
Investor Tools
$412,000
Estimated Property Value
$235,275Estimated Mortgage Balance
$176,725Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,775
$384,490
2025
$37,040
$347,450
$384,490
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,775
$384,490
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$245,240
No
First
Feb 23, 2024
Mar 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,275
$176,725
42%
57%
$1,471/mo
