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$89,000

216 Avenue C, Hereford, TX, 79045

$115,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths812 Sq Ft
price_per_sqft$109.61 / sqft

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRange

Exterior

Lot Size12,249 sqft

Land Information

APN1399
Lot Number7
Land UseResidential
Legal DescriptionEVANTS BLOCK 16, PT LOT 7 (S81.67' N627.34' W150') [216 & 218 AVE. C]
Census Tract950400
Assessed Land Value$9,800
Assessed Improvement Value$58,640
Assessment Year2024

About this property

Calling all investors!! This property has 2 houses on it with established renters. The first house rents for $600 a month. The second house has 1 bedroom and 1 bathroom which is not included in the square footage. It rents for $500 a month. Both houses are on the same lot.

Investor Tools

$0Estimated Mortgage Balance
$110,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$115,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

Interested in this property?

Heather Wilburn

Palo Duro Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,474
$68,440
2024
$9,800
$58,640
$68,440
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,474
$68,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hereford

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216 Avenue C | Property Details | No Agent List