$260,000
NAL Estimated Property Value1613 Tobie Layne Street, Benbrook, TX, 76126
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesStorage
Lot Size8,329 sqft
Building Information
Year Built1983
Stories1
Garage Spaces2
Land Information
APN16250-16-6
Lot Number6
SubdivisionGreenbriar Addition-Benbrook
Land UseResidential
Legal DescriptionGREENBRIAR ADDITION-BENBROOK BLOCK 16 LOT 6
Census Tract110905
Assessed Land Value$50,000
Assessed Improvement Value$182,917
Assessment Year2025
About this property
This 3 bedroom, 2 bath home sitting on a huge lot is conveniently located just minutes from I-20. Home has laminate wood flooring in living, vaulted ceiling, new windows, new roof, new storm door on front door, fireplace, security system. Home actually has a two car garage but one side has been converted into a small office but can easily be converted back into a full size garage. Really large backyard with storage building
Investor Tools
$260,000
Estimated Property Value
$177,678Estimated Mortgage Balance
$82,322Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,622
$232,917
2025
$50,000
$182,917
$232,917
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,622
$232,917
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$196,825
Yes
First
Apr 9, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,678
$82,322
31%
68%
$1,181/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,181/mo
+$899/mo
9.6%
