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$179,000

1309 Tamarisk Dr, Mexia, TX, 76667

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
price_per_sqft$108.48 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range

Building Information

Year Built1982
Garage Spaces2

Land Information

APNR19690
Lot Number8
Land UseResidential
Legal DescriptionTAMARISK VIEW ADDITION MEXIA, BLOCK 002, LOT 008
Census Tract970500
Assessed Land Value$10,090
Assessed Improvement Value$119,770
Assessment Year2024

About this property

Charming 3 bedroom, 2 bath home in a great neighborhood. This nice home offers comfort, convenience and plenty of outdoor space. Features include a new roof, central heat and air and a cozy fireplace that's perfect for relaxing evenings. This home boast a nice kitchen with plenty of space for cooking or entertaining and a 12 X 14 sunroom for relaxing. The garage has been converted to extra living space being fully insulated, drywalled and ducted for heat and air. Outside, you will find a privacy fenced backyard, a fenced patio ideal for gatherings and large mature trees that provide shade and curb appeal. Located in a desirable neighborhood, this home is a wonderful opportunity for anyone looking for comfort, privacy and a great place to call home.

Investor Tools

$112,041Estimated Mortgage Balance
$43,959Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

Interested in this property?

Robert Forrest

Forrest Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,699
$129,860
2024
$10,090
$119,770
$129,860
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,699
$129,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$112,934
Yes
First
Dec 8, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,041
$43,959
28%
72%
$752/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mexia

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1309 Tamarisk Dr | Property Details | No Agent List