Last 24 Hours
$319,000
NAL Estimated Property Value12089 St Hwy 87 S, Shelbyville, TX, 75973
Off Market
5 Beds
2 Bath
1,944 Sq Ft
$40.07 / sqft
Built in 1970Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 5
Bathrooms 2Exterior
Lot Size9.78 acres
Building Information
Year Built2004
Garage Spaces1
Land Information
APNR29992
SubdivisionFisher Sam
Land UseResidential
Legal Description0972 FISHER SAM SUR BLK 0 TR 6 9.7827 ACRES FRMLY R A MYERS, - 12089 STATE HWY 87 SOUTH S/N TC04TX0107878A; & TC04TX0107878B;
Census Tract950600
Assessment Year2025
About this property
Always envisioned yourself with having a cozy home out in the country? This approximately 1,944 sq. ft house with some improvements and remodeling may become your comfortable place called “home.” It offers you the opportunity of making modifications inspired by your creativity and personal taste. A highlight worth mentioning is its’ acreage, house sits on 10 +/- acres. Is about 20 miles to Sabine National Forest Park. Some discoloration was noted and some foundation work needed was noted as well. Buyer to do its' own due diligence. Put the ME in home!
Investor Tools
$319,000
Estimated Property Value
$81,179Estimated Mortgage Balance
$237,821Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$663
$139,450
2025
N/A
N/A
$208,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$663
$139,450
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shelby Savings Bank Ssb
Purchase Money Mortgage
$57,500
No
First
Nov 5, 2020
Dec 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,179
$237,821
74%
25%
$525/mo
12.4%