$48,368
NAL Estimated Property Value14306 E Fm 1527, Lorenzo, TX, 79343
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringWood
Exterior
Exterior FeaturesPrivate Entrance
Lot Size2.17 acres
Building Information
Year Built1945
Roof Type112
Garage Spaces2
Land Information
APNR38170
Lot Number11700
Land UseResidential
Legal DescriptionBLK C SEC 74 AB 1140 TR G AC: 2.17
Census Tract010101
Assessed Land Value$19,530
Assessed Improvement Value$28,838
Assessment Year2025
About this property
Great fixer-upper opportunity for investors or buyers looking for land in Crosby County! This 2-bedroom, 1-bath property sits on a spacious 2.17 acres in Lorenzo, TX. Property features a brand new well and septic system. Materials currently inside the property will convey, offering a head start on renovations. Enjoy the peace and privacy of country living while getting away from the city hustle and bustle, with wide-open spaces and beautiful West Texas sunsets. Ideal for an investment project, homestead, or anyone seeking acreage with potential.
Investor Tools
$48,368
Estimated Property Value
$17,984Estimated Mortgage Balance
$30,384Estimated Equity
62% 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
$34/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$167
$48,368
2025
$19,530
$28,838
$48,368
No
Tax History
Year
Tax Paid
Assessed Value
2024
$167
$48,368
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista Bank
Open End Mortgage / Open End With Future Advance Clause
$20,000
No
First
Feb 26, 2021
Feb 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,984
$30,384
62%
37%
$120/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$120/mo
+$1,305/mo
35.4%
