Last 24 Hours
$241,000
NAL Estimated Property Value200 Thompson Lane, Lipan, TX, 76462
$304,969 ARV
Off Market
3 Beds
2 Bath
1,680 Sq Ft
$104.17 / sqft
Built in 1998Property Lead Type:
Off-Market ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesElectric Oven, Electric Range
FlooringLaminate, Vinyl
Exterior
Exterior FeaturesStorage
Lot Size2 acres
Land Information
APN20019-004-003-00
Land UseResidential
Legal DescriptionACRES: 2.000 ABST: 19 SURVEY: AUSTIN B D
Census Tract140603
Assessed Land Value$130,000
Assessed Improvement Value$42,340
Assessment Year2025
About this property
Beautiful 2-acre lot with a three bedroom home located in Brock ISD. You will love the peaceful location surrounded by beautiful land. The home needs a little TLC. Some updating was started and materials are there to finish the flooring and the master shower. A few mature trees scattered on the lot. Partially fenced with barbwire. The property is just a short drive to Sugartree Golf Course and an easy drive to I-20. Outside city limits. Home will not go FHA or VA. Not sure about a conventional loan.
Investor Tools
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$304,968
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$172,340
2025
$130,000
$42,340
$172,340
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$172,340
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
100%
0%
$0/mo
12.4%