$115,000
NAL Estimated Property Value18 N Avenue C, Freeport, TX, 77541
Off Market
Property Lead Type:
Deal ListAbsentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size6,251 sqft
Building Information
Year Built1940
Stories1
Roof Type105
Land Information
APN8110-0991-000
Lot Number3,4
SubdivisionVelasco
Land UseResidential
Legal DescriptionVELASCO (FREEPORT) BLK 504 LOT 3-4
Census Tract664300
Assessed Land Value$23,440
Assessed Improvement Value$37,790
Assessment Year2025
About this property
Cute 2 bedroom,1 bath house in a quiet neighborhood with lots of possibilities. MOVE IN READY! Perfect Investment- Investors : This house can be converted into a "Home sweet home" Well located with amenities such as recreational shopping and restaurants, walking distance to schools and parks. Not in a flood zone. Buyer to purchase survey. Room measurements are approximate. a couple of mins from Brazos River and 15 mins to the Beach. Team member related to seller "as is"
Investor Tools
$115,000
Estimated Property Value
$58,582Estimated Mortgage Balance
$56,418Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,340
$61,230
2025
$23,440
$37,790
$61,230
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,340
$61,230
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$60,000
No
First
Jan 24, 2025
Jan 2030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,582
$33,418
36%
51%
$360/mo
