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$758,000

NAL Estimated Property Value

2529 Levi Parkway, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,952 Sq Ft
price_per_sqft$171.81 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Refrigerator
FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesFire Pit
Lot Size3.77 acres

Building Information

Year Built1950
Stories2
Roof Type112
Garage Spaces8

Land Information

APN440016000210008
SubdivisionGalindo I
Land UseResidential
Legal DescriptionGALINDO I ACRES 3.77
Census Tract003701
Assessed Land Value$69,180
Assessed Improvement Value$605,320
Assessment Year2025

About this property

This stunning property is truly one of a kind. One of the five originally cotton gins in Levi has been converted to a lovely home. The gin sits on a sprawling 3.77 acres with a tree lined creek on one side. The home is a perfect mix of old and new. From the original tin to new stone, it truly is a magnificent eye-popping house. The home is split into two sections. The mother-in-law suite and the main home. The scale can still be seen in between the two units. The mother-in-law suite is a 1 bed, 1 bath unit with full kitchen and living room. It perfectly matches the main house. The main house is spectacular! The cement floors and granite countertop perfectly match for a stunning downstairs area. The extra-large bar allows for plenty of setting or places to place large amounts of food for family gatherings. The upstairs contains a private reading/game area and three bedrooms. The master bedroom is upstairs and contains a small office, large closet, dual vanities and large shower. The outside covered deck is a great place for morning coffee or evening drinks while viewing this wonderful property. The garage area is multifunctional. It has two roll up doors on one side and slide door on the other. It is currently being used as a large game room when cars are not parked. Its large enough for a basketball goal. On the far side of the garage unit is a half bath and additional game room area. A hot tub was installed in this area but removed. This area is easily converted to extra living area if needed. House and mother-in-law suite were rented as two separate Airbnb units. Rentals have stopped for sale of the property.

Investor Tools

Property Icon
$758,000
Estimated Property Value
$0Estimated Mortgage Balance
$758,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,548 /month
Positive
Cash Flow Estimate:
$1,516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,058/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,902
$674,500
2025
$69,180
$605,320
$674,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,902
$674,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$758,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
N/A
+$1,620/mo
2.6%

City: Lorena

2529 Levi Parkway | Property Details | No Agent List