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$178,000

NAL Estimated Property Value

1407 FRANKLIN Avenue, Panhandle, TX, 79068

$211,154 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,582 Sq Ft
price_per_sqft$113.72 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesRange, Dishwasher

Exterior

Lot Size9,932 sqft

Building Information

Year Built1960

Land Information

APN01037-00030-00000-000000
Lot Number3-5
Land UseResidential
Legal DescriptionLT 4 & N4 LT 3 & S17 LT 5 BLK 109 OWNERS PANHANDLE
Census Tract950200
Assessed Land Value$22,370
Assessed Improvement Value$123,720
Assessment Year2025

About this property

Charming 3-bed, 1-bath home in a convenient location close to schools & everyday amenities! This property features updated flooring & fresh paint, giving the home a clean, move in ready feel. The spacious layout includes an oversized main living area highlighted by a cozy wood-burning fireplace-perfect for relaxing or entertaining. The kitchen offers granite countertops, stainless steel appliances, and a convenient breakfast bar. There is flexible space for a formal dining area, second living room, playroom, or home office to fit your needs. Outside, enjoy a huge fenced backyard with a small workshop--ideal for hobbies, storage, or projects. With generous square footage and a versatile layout, this home is a fantastic opportunity for first time home buyers, investors, or those looking to down size. Don't miss this one with easy access to schools, shopping, and more!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$66,157Estimated Mortgage Balance
$111,843Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$211,154
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$959
$146,090
2025
$22,370
$123,720
$146,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$959
$146,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citicorp Trust Bank Fsb
Credit Line (Revolving) / Heloc
$51,989
No
First
Mar 21, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,157
$111,843
62%
37%
$600/mo

City: Panhandle

1407 FRANKLIN Avenue | Property Details | No Agent List