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$552,220

NAL Estimated Property Value

202 Chestnut Dr, Van, TX, 75790

Off MarketInfo
Beds8 Beds
Baths— Bath
Baths1,664 Sq Ft
price_per_sqft$316.11 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms —Bathrooms —

Exterior

Lot Size14,157 sqft

Building Information

Year Built2015

Land Information

APN064.5365.0000.0002.0000
Lot Number2
Land UseResidential
Legal DescriptionACRES: 0.325 BLK: LOT: 2 ADDN: MORROW ADDITION
Census Tract950801
Assessed Land Value$19,470
Assessed Improvement Value$532,750
Assessment Year2025

About this property

Investor-ready and cash flowing! This well-maintained quadplex is located in the desirable Van ISD area and features four fully rented units, each offering a spacious 2-bedroom, 1-bath layout with an open floor plan. All units come fully equipped with appliances, including refrigerators, making them move-in ready and appealing to long-term tenants. The property also offers concrete parking for added convenience and low maintenance. Perfectly located near schools, the local ball park, and shopping, this property sits in a high-demand rental area with strong tenant retention. Whether you're looking to grow your portfolio or secure steady passive income, this turn-key quadplex checks all the boxes.

Investor Tools

Property Icon
$552,220
Estimated Property Value
$372,921Estimated Mortgage Balance
$179,299Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,313 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,985
$552,220
2025
$19,470
$532,750
$552,220
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$10,985
$552,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank Of Jacksonville
Purchase Money Mortgage
$390,000
No
First
Dec 11, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,921
$179,299
32%
68%
$2,339/mo

City: Van

202 Chestnut Dr | Property Details | No Agent List