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$410,000

1301 E Tate St, Brownfield, TX, 79316

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.59 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Hardwood, Stone, Tile

Exterior

Exterior FeaturesStorage
Lot Size19,602 sqft

Building Information

Year Built1950

Land Information

APN20605
Lot Number1,2
Land UseResidential
Legal DescriptionBLK 7 LOT 1 & 2 KGM BLK/TRACT 7 0.45 ACRES
Census Tract950400
Assessed Land Value$10,500
Assessed Improvement Value$264,940
Assessment Year2024

About this property

Seller is now offering $7,500 toward buyer closing costs! This property may also qualify for USDA financing for qualified buyers. Check with your local lender to see if you qualify. Rarely do homes like this come along. This one of a kind ranch style property offers nearly 4,000 square feet of versatile living space filled with character, craftsmanship, and room to gather, entertain, and spread out. Featuring 4 bedrooms, 3 bathrooms, and a distinctive L shaped layout, this home creates a unique balance of connection and privacy throughout. Inside, wood beam ceilings, rich paneling, expansive rooms, and a striking brick fireplace bring warmth and personality to the home. Multiple living and dining areas, including a spacious game room, provide flexibility for entertaining, hobbies, or everyday living. The updated kitchen blends classic charm with functionality, showcasing white cabinetry, granite countertops, a buffet, stained wood island, double ovens, and generous prep space. The oversized primary suite offers impressive space, unique built ins, and an updated bath with granite finishes and a tiled walk in shower. A separate bedroom location adds even more flexibility for guests, workspace, or additional living needs. Outside, enjoy an expansive patio area, mature trees, a charming cottage style storage building, and a detached 288 sq. ft. heated and cooled flex space with windows offering endless possibilities for work, hobbies, storage, or creative use. A large side driveway provides additional parking and added convenience. Lovingly maintained and full of personality, this remarkable ranch style home blends retro charm, updated features, versatile spaces, and timeless character in a way that must be seen to fully appreciate.

Investor Tools

$0Estimated Mortgage Balance
$408,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Lainie Eilenberger

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,400
$275,440
2024
$10,500
$264,940
$275,440
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,400
$275,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,000
100%
0%
$0/mo

City: Brownfield