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$199,830

NAL Estimated Property Value

245 N Elm Street, Hereford, TX, 79045

$205,792 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,653 Sq Ft
price_per_sqft$114.88 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size7,501 sqft

Building Information

Year Built1973
Garage Spaces2

Land Information

APN3389
Lot Number1,2
Land UseResidential
Legal DescriptionWELSH CRESTLAWN BLK 2 LOT 1 (S23.7') & N36.3' LOT 2
Census Tract950300
Assessed Land Value$14,310
Assessed Improvement Value$185,520
Assessment Year2024

About this property

This three-bedroom, two-bath has been thoughtfully updated for modern comfort. The kitchen shines with a stylish subway tile backsplash, sleek countertops, a glass top range, a stainless-steel vent hood, and stainless dishwasher. Other updates include double-pane windows, fresh paint, and new laminate flooring in some areas. There are two closets in the owner's bedroom for ample storage. The hall bath includes a shower over tub, while the owner's bath features a shower. A wood-burning fireplace is a great addition to the nice size living room that opens to the kitchen through a serving window. The garage is insulated with new plywood walls and comes with a new garage door opener. Outside, you'll find a sturdy five-year-old fence and covered patio.

Investor Tools

Property Icon
$199,830
Estimated Property Value
$0Estimated Mortgage Balance
$199,830Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$205,792
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /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
$3,538
$199,830
2024
$14,310
$185,520
$199,830
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,538
$199,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,830
100%
0%
$0/mo

City: Hereford