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$169,000

NAL Estimated Property Value

1705 Glenn Drive, Blue Mound, TX, 76131

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths630 Sq Ft
price_per_sqft$130.16 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Cooktop
FlooringCeramic Tile

Exterior

Lot Size9,126 sqft

Building Information

Year Built1955
Stories1

Land Information

APN37080-5-20
Lot Number20
SubdivisionSaginaw Park Addition
Land UseResidential
Legal DescriptionSAGINAW PARK ADDITION BLOCK 5 LOT 20
Census Tract114003
Assessed Land Value$40,000
Assessed Improvement Value$129,000
Assessment Year2025

About this property

WOW! AFFORDABLE FIXER UPPER! ONLY $88k CASH! GREAT FOR HANDY MAN WHO WANTS A REMODELING PROJECT AND TO BUILD SWEAT EQUITY! 2 BEDROOM 1 BATH ON A HUGE LOT IN NICE BLUE MOUND AREA! HOUSE IS BEING SOLD AS-IS. NO BLIND OFFERS. OVER SIZED CONCRETE DRIVE WAY.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$126,378Estimated Mortgage Balance
$42,622Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,642
$169,000
2025
$40,000
$129,000
$169,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,642
$169,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$135,500
Yes
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,378
$42,622
25%
75%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$840/mo
+$1,830/mo
19.0%

City: Blue Mound

1705 Glenn Drive | Property Details | No Agent List