$159,000
131 Northwest Dr, Hereford, TX, 79045
$181,955 ARV
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesBrick
Lot Size9,200 sqft
Building Information
Year Built1963
Garage Spaces1
Land Information
APN2856
Lot Number31
Land UseResidential
Legal DescriptionWELSH BROWNLOW LOT 31
Census Tract950400
Assessed Land Value$17,550
Assessed Improvement Value$121,930
Assessment Year2024
About this property
Charming 4-bed, 1.5-bath home -- perfect starter house or rental addition! Located a couple blocks from Northwest Elementary, this property offers convenience for families and strong rental potential. Bright living spaces, good bones, and opportunity to add value with personal updates. Don't miss this affordable, family-friendly home -- schedule a showing today!
Investor Tools
$0Estimated Mortgage Balance
$172,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$181,955
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,414
$139,480
2024
$17,550
$121,930
$139,480
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,414
$139,480
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$170,000
100%
0%
$0/mo
