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$253,000

NAL Estimated Property Value

221 Mayer Lane, Giddings, TX, 78942

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,457 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size1 acre

Building Information

Year Built1973

Land Information

APN193553
Land UseResidential
Legal DescriptionMILLHART SUBDIVISION, LOT TRACT 2, ACRES 1.0
Census Tract000400
Assessed Land Value$75,000
Assessed Improvement Value$174,340
Assessment Year2025

About this property

Nice home and 1 acre located just east of Giddings with quick access to work, schools, shopping, & more. This 3 bedroom, 1 bathroom home sits on a nice, partially wooded, tree covered lot. The home features 1457 square feet of living space, is open concept, & was completely remodeled in 2018. Finishes include vinyl plank flooring (common areas), stainless appliances, neutral colors, & brushed nickel fixtures. The primary bedroom is large - with plenty of room for furnishings, & ample closet space. Recent upgrades include an on-demand water heater, energy efficient windows throughout, & fencing. The home was professionally updated in 2017-2018. The roof was replaced in 2017. This property includes a carport with an enclosed space for storage. This subdivision is outside the city limits but is connected to City of Giddings utilities, including public sewer. The home's foundation was stabilized in 2018 & has a lifetime, transferrable warranty. Also, propane tank is leased at $50 per year.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$253,091Estimated Mortgage Balance
$253,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,265
$249,340
2025
$75,000
$174,340
$249,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,265
$249,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Va
$262,525
Yes
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,091
N/A
0%
100%
$1,574/mo

City: Giddings

221 Mayer Lane | Property Details | No Agent List