Last 24 Hours
$31,000
NAL Estimated Property Value1401 S Canyon Ave, Lamesa, TX, 79331
Off Market
2 Beds
2 Bath
1,840 Sq Ft
$19.02 / sqft
Built in 2000Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2Exterior
Exterior FeaturesNone
Lot Size2,744 sqft
Land Information
APN2925
Lot Number1
Land UseResidential
Legal DescriptionN/2 OF LOT 1 BLK 6 HOLLIS (1401 S CANYON AVE/LAMESA,TX)
Census Tract950500
Assessed Land Value$190
Assessed Improvement Value$46,560
Assessment Year2025
About this property
Take a look at this spacious 2-bedroom, 2-bathroom home in Lamesa, TX! With 1,840 sq ft of living space, this property offers generously sized rooms and some unique features that set it apart. Although it does need some work, the home is fully livable and provides a solid starting point for someone ready to make it their own. Whether you're an investor or a homeowner with a vision, this property has great potential. Come see it for yourself today!
Investor Tools
$31,000
Estimated Property Value
$0Estimated Mortgage Balance
$31,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$58/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$545
$19,560
2025
$190
$46,560
$46,750
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2025
$545
$19,560
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$31,000
100%
0%
$0/mo
12.4%