$421,000
NAL Estimated Property Value1702 N Fm 200, Rainbow, TX, 76077
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size1 acre
Building Information
Year Built1985
Land Information
APNR000005595
Land UseResidential
Legal DescriptionACRES: 1.000 TRACT: 21 ABST: A136 A136 MILAM CO SCH LD TRACT 21 ACRES 1.0
Census Tract000101
Assessed Land Value$50,000
Assessed Improvement Value$270,120
Assessment Year2025
About this property
One acre treed lot with a great view across from property adjacent to Squaw Valley Golf Course. Spacious 3B 2 B home , 2 car rear entry carport with LARGE add on den or game room, and enclosed sun porch that is heated and cooled. Extensive rock work. Lot has beautiful matured trees on it. Outbuildings. Outside City Limits. Glen Rose School District.located across from Rainbow Post Office .
Investor Tools
$421,000
Estimated Property Value
$246,307Estimated Mortgage Balance
$174,693Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,331
$320,120
2025
$50,000
$270,120
$320,120
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,331
$320,120
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$270,750
No
First
Aug 18, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,307
$174,693
41%
59%
$1,624/mo
