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$121,000

NAL Estimated Property Value

1516 S.Frio Street, Coleman, TX, 76834

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,026 Sq Ft
price_per_sqft$42.4 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

AuctionOff-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Microwave

Exterior

Lot Size7,314 sqft

Building Information

Year Built1935

Land Information

APN15959
Land UseResidential
Legal DescriptionBEAKLEY ADDN COLEMAN, BLOCK 9, LOT S/2 4
Census Tract950300
Assessed Land Value$6,730
Assessed Improvement Value$114,250
Assessment Year2025

About this property

$50,000 IS THE OPENING BID ON THIS HOME SELLING IN A LIVE AUCTION ON THURSDAY, AUGUST 8TH AT 1PM. Fresh Remodel. Auction Registration at 12 Noon. This 2 bedroom, 1 bath Home with attached carport has undergone a complete remodel. New drywall, windows, doors, flooring, paint, trim, cabinets, wall receptacles, lighting & bathroom...virtually a new home inside. Sells AS IS. NO CONTINGENCIES related to Financing, Post Sale Inspections or Appraisals & NO OPTION PERIOD. Buyers may elect to have the home inspected or appraised prior to the Auction at their own expense. 10% Buyer's Premium is added to the High Bid to constituting the Total Contract Price. Buyer's Premium paid the day of the Auction by Cash or a Personal or Business Check will be accepted if accompanied by a Bank Letter of Guarantee or other Proof of Funds. Remaining Balance due Thursday, September 12, 2024 by 5:00pm at Doster Law Group, a Fair Texas Title company in Denton, by Cash, Financing or a combination of both.

Investor Tools

Property Icon
$121,000
Estimated Property Value
$50,256Estimated Mortgage Balance
$70,744Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,728
$120,980
2025
$6,730
$114,250
$120,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,728
$120,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bonaire Partners Llc
Unknown
$53,000
No
First
Jul 28, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,256
$70,744
58%
42%
$318/mo

City: Coleman

1516 S.Frio Street | Property Details | No Agent List