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$230,000

NAL Estimated Property Value

1510 Hwy 1187, Crowley, TX, 76036

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.25 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size10,454 sqft

Building Information

Year Built1950
Stories1

Land Information

APNA 506-5A09B
SubdivisionFernandez, Antonio Survey
Land UseResidential
Legal DescriptionFERNANDEZ, ANTONIO SURVEY ABSTRACT 506 TRACT 5A09B
Census Tract111018
Assessed Land Value$10,800
Assessed Improvement Value$136,815
Assessment Year2025

About this property

This is your chance to purchase two neighboring properties. 1508 & 1510 Hwy 1187 sold separately, however offered together as a package deal! - Buyer to purchase both. Situated on a combined .79-acre lot with 164 feet of prime frontage road access. These properties boast and outstanding location surrounded by commercial development. Both homes are in the Extraterritorial Jurisdiction (ETJ) of Unincorporated Tarrant County offering flexibility and potential for a variety of uses. * This land has been family owned and not replated, however is able to be re-plated to meet your needs. * With valuable Frontage Road Access and positioned in a rapidly growing area - These properties present exceptional potential for investors, business owners, or developers looking for their next project. Seize the opportunity to own a high-visibility parcel in a booming area. Wal-Mart owns 6 acres across the street

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$154
$147,615
2025
$10,800
$136,815
$147,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$154
$147,615

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
11.5%

City: Crowley

1510 Hwy 1187 | Property Details | No Agent List