Last 24 Hours
$415,000
NAL Estimated Property Value1445 Fm 198 E, Lake Creek, TX, 75450
Off Market
3 Beds
2 Bath
2,788 Sq Ft
Single Family Residence
$116.57 / sqft
Built in 1973Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesElectric Range
FlooringCarpet, Vinyl
Exterior
Lot Size1.30 acres
Building Information
Year Built1973
Land Information
APN1609
Land UseResidential
Legal Description0035 J BARTLETT TRACT 6 ACRES 1.2986 R71228 R71228
Census Tract950100
Assessed Land Value$9,720
Assessed Improvement Value$146,490
Assessment Year2025
About this property
Spacious 3 bedrooms and 2 baths on 53+ acres of land. The home features a large living area with a wood burning fireplace with brick that cover the whole living room wall. Kitchen features updated flooring, breakfast bar and plenty of counter space with a breakfast room and a dining area off the kitchen. The property has a 2400 sq. ft. shop and a 2400 sq. ft. barn. Plenty of room for equipment storage, the hobbyist, man cave or all three! All situated in Chisum ISD just 15 minutes South of Paris
Investor Tools
$415,000
Estimated Property Value
$0Estimated Mortgage Balance
$415,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$156,210
2025
$9,720
$146,490
$156,210
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,079
$156,210
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$415,000
100%
0%
$0/mo
12.4%