Last 24 Hours
$137,070
NAL Estimated Property Value202 Gandy St, Lipan, TX, 76462
$178,191 ARV
Off Market
2 Beds
2 Bath
1,288 Sq Ft
Single Family Residence
$93.17 / sqft
Built in 1942Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Garage AvailableFlooringCarpet, Linoleum
Exterior
Exterior FeaturesStorage
Building Information
Year Built1942
Stories1
Garage Spaces10
Land Information
APN15820.002.0030.0
SubdivisionAiken W J Ne
Land UseResidential
Legal DescriptionLOT: PT BLK: 2 SUBD: AIKEN W J NE
Census Tract160302
Assessed Land Value$28,000
Assessed Improvement Value$109,070
Assessment Year2024
About this property
GREAT FIXER UPPER OR INVESTMENT PROPERTY ON LARGE CORNER LOT (approx 0.45 acres) in LIPAN within walking distance of School, Stores, Bank, Churches, etc. This House has Great Potential but has not been occupied for many years and will require some renovation. Also includes a 24X38X10 Carport on Concrete Slab and a Large 32X38X12-16 slabbed Shop with 1-10X14 Roll Up Door and 1-14X14 Roll Up Door and another 12X18 Storage Shed. This Property has GREAT POTENTIAL as has been patiently waiting for the Right Buyer! Seller is not interested in making repairs, sells AS IS.
Investor Tools
$137,070
Estimated Property Value
$0Estimated Mortgage Balance
$137,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$178,191
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,199
$137,070
2024
$28,000
$109,070
$137,070
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,199
$137,070
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$137,070
100%
0%
$0/mo
12.4%