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$65,000

1344 TERRACE Street, Pampa, TX 79065-4754

$84,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,513 Sq Ft
price_per_sqft$42.96 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesRefrigerator, Range, Microwave

Exterior

Lot Size5,502 sqft

Building Information

Year Built1947
Garage Spaces1

Land Information

APN110301200070120000000
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 7 CARR TERRACE
Census Tract950500
Assessed Land Value$2,500
Assessed Improvement Value$28,550
Assessment Year2025

About this property

Investor Special with Tons of Potential! This 3-bedroom, 1-bath home sits on a corner lot and offers a great opportunity for investors, flippers, or buyers looking for a project. The home features a mini-split system for heating and cooling, and all appliances will convey with the sale. Outside, you'll find an older garage/workshop that provides additional storage or workspace possibilities. An extra-long driveway offers plenty of room for RV parking, boat storage, additional vehicles, or trailers. While the property needs some TLC, the potential is there to make it shine again. Being sold AS-IS and priced accordingly. Cash buyers only. Don't miss your chance to turn this property into something special!

Investor Tools

Property Icon
$112,000
Estimated Property Value
$0Estimated Mortgage Balance
$51,322Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$84,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$672 /month
Positive
Cash Flow Estimate:
$224 /month

Interested in this property?

Fay Webb

Copper Plains Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$600
$31,050
2025
$2,500
$28,550
$31,050
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$600
$31,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Open End Mortgage / Open End With Future Advance Clause
$65,000
No
First
Nov 23, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,678
$51,322
45%
54%
$390/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: Pampa

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1344 TERRACE Street, Pampa, TX 79065-4754 | Property Details | No Agent List