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$37,680

NAL Estimated Property Value

1362 Old Waco Temple Rd, Lorena, TX, 76655

$48,984 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$57.22 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesOther

Exterior

Lot Size21,083 sqft

Building Information

Year Built1940
Stories1

Land Information

APN300024000001014
SubdivisionMartinez
Land UseCommercial
Legal DescriptionMARTINEZ ACRES .484
Census Tract003703
Assessed Land Value$31,630
Assessed Improvement Value$6,050
Assessment Year2025

About this property

Opportunity Knocks for you obtain a rental property and receive passive income. Tenants have lived in the property for eight years. Farm house located on .484. Home requires lots of work current tenants would like to stay. Property presently has no city utilities Potential lot is nicely treeed. .

Investor Tools

Property Icon
$37,680
Estimated Property Value
$37,861Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$48,984
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$59/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$519
$37,680
2025
$31,630
$6,050
$37,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$519
$37,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Commercial
$38,250
No
First
Oct 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,861
N/A
0%
100%
$230/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Lorena

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1362 Old Waco Temple Rd | Property Details | No Agent List