$181,428
NAL Estimated Property Value1839 State Highway 194, Plainview, TX, 79072
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Laminate
Exterior
Lot Size1.11 acres
Building Information
Garage Spaces2
Land Information
APN109564
Land UseAgriculture / Farming
Legal DescriptionAB 1284 BLK JK-2 SEC 24 HOMESTEAD OUT OF W/2 S OF HWY 1.11 ACRES
Census Tract950600
Assessed Land Value$4,440
Assessed Improvement Value$176,988
Assessment Year2025
About this property
Charming ranch style home sitting on just over an acre 2 miles West of Plainview! Country living close to town, this location will be hard to beat. Brick 3/2/2 with a porch that spans the front of the home, a large wood burning fireplace, 2 living areas and a large backyard with mature trees. This home has had some updates in recent years and has been well cared for. The perfect place to call home.
Investor Tools
$181,428
Estimated Property Value
$132,241Estimated Mortgage Balance
$49,187Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,089 /month
Positive
Cash Flow Estimate:
$363 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,580
$181,428
2025
$4,440
$176,988
$181,428
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,580
$181,428
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Commercial
$144,000
No
First
Jan 31, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,241
$49,187
27%
73%
$864/mo
