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$414,900

NAL Estimated Property Value

24522 State Highway 78 S, Blue Ridge, TX, 75424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.36 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size2.56 acres

Building Information

Year Built2002
Garage Spaces2

Land Information

APN100613
Lot Number5
Land UseResidential
Legal DescriptionFANNIN WEST, BLOCK 1, LOT 5, ACRES 2.558
Census Tract950702
Assessed Land Value$160,500
Assessed Improvement Value$254,400
Assessment Year2025

About this property

Back on the market and the property was not a factor. Beautiful sunsets and sunrises, with wide open spaces between the homes in this platted subdivision and you won't be hearing your neighbor's breafast table discussions here. Great floor plan, living, breakfast and kitchen, split master bedroom with walk in closet and master bath with jetted garden tub, separate shower, ceramic title flooring and linen storage and skylight. Bedrooms 2 & 3 have built - in desks, walk in closets and share a hall bath with tub and shower combination, skylight, ceramic tile flooring and linen cabinet. Separate utility room is not a pass through. Oversize garage (for real), in ground 8 x 6 storm shelter. Fenced backyard. The slab for a detached garage-shop area has been poured to the east of the home and is appx 40 x 50. No building has been built on the slab, but it is ready for you. Seller needs 1 -2 day lease back to vacate after closing.

Investor Tools

Property Icon
$414,900
Estimated Property Value
$195,416Estimated Mortgage Balance
$219,484Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,489 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,279
$414,900
2025
$160,500
$254,400
$414,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,279
$414,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$201,770
Yes
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,416
$219,484
52%
47%
$1,256/mo

City: Blue Ridge

24522 State Highway 78 S | Property Details | No Agent List