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$95,000

1621 W Dover Street, Memphis, TX, 79245

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRefrigerator, Range

Exterior

Lot Size5,489 sqft

Building Information

Year Built1950
Garage Spaces2

Land Information

APN204164
Land UseResidential
Legal DescriptionREADS ADDITION, MEMPHIS BLOCK: 1 LOTS: SOUTH 110 FT OF 7 & 8
Census Tract950500
Assessed Land Value$680
Assessed Improvement Value$15,090
Assessment Year2025

About this property

ONE OF A KIND TURN KEY INVESTMENT PROPERTY ALONG 287. 30 mi to Childress; 32 mi to Claude; 37 mi to Turkey Fully furnished and renovated investment property with established renters. 2 Bed 1 bath home on a large corner lot. Includes an oversized loft that could be used as an additional room WITH office space (not included in the square footage). See attached documents and private remarks for further information!

Investor Tools

Property Icon
$61,000
Estimated Property Value
$0Estimated Mortgage Balance
$61,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

Interested in this property?

Callie Rodriguez

RockOne Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$341
$15,770
2025
$680
$15,090
$15,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$341
$15,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$61,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Memphis

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1621 W Dover Street | Property Details | No Agent List