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$252,000

NAL Estimated Property Value

122 Pr 509, Marlin, TX, 76661

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.89 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Water Heater
FlooringCarpet, Tile

Exterior

Lot Size1.80 acres

Building Information

Year Built1989
Garage Spaces3

Land Information

APN18753010
Land UseResidential
Legal DescriptionA13-67 CHAMBERS-LASERDA 1.8 ACRES
Census Tract000800
Assessed Land Value$36,000
Assessed Improvement Value$178,570
Assessment Year2025

About this property

About half a mile off Hwy 7 and only ten minutes from downtown Marlin, you will find this 2500+ sq ft, 2 story home surrounded by a variety of mature trees and beautiful natural landscaping, sitting on 3.5 acres on the edge of a shared tank. Enter thru the front door into the spacious living area and open concept kitchen, with the dining area thru the double doors. Also on the main floor is the original primary suite, with tub/shower combo and space for washer/dryer hookups. Continue upstairs, and you will find two doors--one leading straight into a spare bedroom, and the other leading into what could be a large living/play area with an additional bedroom and full bathroom off it, or this space could be used as a massive primary suite with an ensuite bathroom and attached nursery/office space—your choice! Upstairs, make sure to step out onto the deck to enjoy the view of the ducks and geese in the tank. Take in the great outdoors from the porch, which wraps around 3 sides of the home. This property also features covered boat storage, along with an open detached 3 car garage/storage shed. This beautiful home could use a little TLC to get back to its prime, but is being sold AS-IS.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,705
$214,570
2025
$36,000
$178,570
$214,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,705
$214,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

City: Marlin

122 Pr 509 | Property Details | No Agent List