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$1,020,000

NAL Estimated Property Value

12692 Fm 981, Blue Ridge, TX, 75424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,774 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.83 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Gas Water Heater
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size4.69 acres

Building Information

Year Built1970
Stories1

Land Information

APNR-6035-001-0710-1
Lot Number71
SubdivisionWilliam Boring Survey (Boren)
Land UseResidential
Legal DescriptionABS A0035 WILLIAM BORING SURVEY (BOREN), SHEET 1, TRACT 71, 4.694 ACRES
Census Tract030102
Assessed Land Value$305,110
Assessed Improvement Value$211,558
Assessment Year2025

About this property

Roll up your sleeves and get ready to put a Shine on this Diamond in the Rough! Over 1700 sq ft brick home on 4.74 Acres in charming Blue Ridge. 3 good sized bedrooms, 2 full baths, open kitchen-dining area, huge living room with built in bookcase and WBFP...this gal has good bones, she's just ready for a Make-Over! Property is partially fenced, scattered with mature trees and has over 600 feet of frontage on FM 981. It also features both a barn and storage building. Bring your best design ideas and make this little Gem All Yours!!

Investor Tools

Property Icon
$1,020,000
Estimated Property Value
$170,563Estimated Mortgage Balance
$849,437Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,120 /month
Positive
Cash Flow Estimate:
$2,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,038/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,354
$516,668
2025
$305,110
$211,558
$516,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,354
$516,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$192,375
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,563
$849,437
83%
17%
$1,154/mo

City: Blue Ridge

12692 Fm 981 | Property Details | No Agent List