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$332,000

NAL Estimated Property Value

1257 Us Highway 385, Brownfield, TX, 79316

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,038 Sq Ft
price_per_sqft$71.79 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDouble Oven, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size2 acres

Building Information

Garage Spaces2

Land Information

APN49108
Land UseResidential
Legal DescriptionBLK T SEC 110 2 ACRES IN NW /4 1 ACRE IMPROVEMENTS BLK/TRACT T 2 ACRES
Census Tract950100
Assessed Land Value$6,000
Assessed Improvement Value$81,239
Assessment Year2024

About this property

Country Living just outside of Brownfield with easy access to Lubbock! This huge home sits on 2.5 acres with the opportunity for additional land. You'll have plenty of room to spread out with 2 living areas (1 with a 2-story cathedral ceiling), a separate office, loft, and huge bedrooms. The isolated master offers a beautiful, private bath with dual sinks and separate shower and tub. The office/bonus room, conveniently close to both the master and the kitchen, has its own private patio. A loft overlooking the living area would make a great play room or game room with a huge 2nd story balcony to enjoy our beautiful West Texas sunsets. The kitchen includes an island and is open to the second living area, perfect for family time in front of the wood burning stove. Terry County is known as the Grape Capital of Texas, so the possibilities here are endless!!!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$0Estimated Mortgage Balance
$332,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$697
$87,239
2024
$6,000
$81,239
$87,239
No

Tax History

Year
Tax Paid
Assessed Value
2022
$697
$87,239

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
100%
0%
$0/mo

City: Brownfield

1257 Us Highway 385 | Property Details | No Agent List