$310,430
NAL Estimated Property Value2020 Simpson Street, Paris, TX, 75460
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Other
Exterior
Lot Size31,015 sqft
Building Information
Year Built1957
Stories1
Garage Spaces2
Land Information
APN17544
SubdivisionSimpson Place
Land UseResidential
Legal DescriptionSIMPSON PLACE, LOT 2,22 &23, 2020 SIMPSON ST 2020 SIMPSON ST
Census Tract001000
Assessed Land Value$24,820
Assessed Improvement Value$285,610
Assessment Year2025
About this property
Large fixer-upper with big rooms and a huge fenced yard. There are two living areas with built in storage and an expansive sunroom to enjoy. This home would be wonderful for a growing or extended family with so much square footage. Some TLC would be needed but this is a great home for the money. It is centrally located for easy access to downtown, grocery stores, the college and restaurants.
Investor Tools
$310,430
Estimated Property Value
$245,889Estimated Mortgage Balance
$64,541Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,863 /month
Positive
Cash Flow Estimate:
$621 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$310,430
2025
$24,820
$285,610
$310,430
No
Tax History
Year
Tax Paid
Assessed Value
2022
N/A
$310,430
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elite Financing Group Llc
Conventional
$274,000
No
First
Jan 28, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,889
$64,541
20%
79%
$1,643/mo
