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$108,000

NAL Estimated Property Value

1392 Fm 489, Oakwood, TX, 75855

$116,720 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
price_per_sqft$39.01 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyOff-Market ListDeal ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Oven, Gas Range
FlooringHardwood, Linoleum

Exterior

Lot Size1 acre

Building Information

Year Built1951

Land Information

APN00615-00009-00000-000000
Land UseResidential
Legal DescriptionE TERRY A-615
Census Tract000900
Assessed Land Value$22,500
Assessed Improvement Value$46,829
Assessment Year2025

About this property

Great investment opportunity for someone who is willing to put in a little elbow grease or for an investor! All of the big stuff has already been done. New electrical and plumbing throughout. Brand new roof! Brand new HVAC system! Cute house on an acre! What more could you ask for?

Investor Tools

Property Icon
$108,000
Estimated Property Value
$75,339Estimated Mortgage Balance
$32,661Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$116,720
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$998
$69,329
2025
$22,500
$46,829
$69,329
No

Tax History

Year
Tax Paid
Assessed Value
2025
$998
$69,329

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bxm Funding Llc
Purchase Money Mortgage
$80,000
No
First
Mar 16, 2023
Oct 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,339
$32,661
30%
70%
$480/mo

City: Oakwood

1392 Fm 489 | Property Details | No Agent List