Last 24 Hours
$147,000
NAL Estimated Property Value1807 N Houston Ave, Lamesa, TX, 79331
Off Market
3 Beds
2 Bath
1,496 Sq Ft
$110.29 / sqft
Built in 1977Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave, Refrigerator, Range Hood, Gas Water Heater
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesLighting, Storage
Lot Size9,453 sqft
Building Information
Year Built1977
Garage Spaces2
Land Information
APN5236
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 27 ROSE ADDN (1807 N HOUSTON)
Census Tract950401
Assessed Land Value$5,290
Assessed Improvement Value$149,070
Assessment Year2025
About this property
This is one to see! Nice well maintained brick home. It has 3 bedrooms 2 baths and a 2 car garage. There is a wood burning fireplace that has an electric insert with remote and blower. New vinyl plank flooring and carpet in March 2024. All kitchen appliances convey. It sits on a good size corner lot and shares a water well for the yard with 2 neighbors. Quaint back yard with a covered back patio, a storage and shop. All for $177,500
Investor Tools
$147,000
Estimated Property Value
$19,430Estimated Mortgage Balance
$127,570Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,470
$127,580
2025
$5,290
$149,070
$154,360
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,470
$127,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$34,000
No
First
Feb 20, 2009
Mar 2024
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,430
$127,570
86%
13%
$0/mo
12.4%