Last 24 Hours
$372,000
NAL Estimated Property Value261 Lcr 763, Groesbeck, TX, 76642
Off Market
2 Beds
1 Bath
1,120 Sq Ft
$124.11 / sqft
Built in 1984Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesElectric Oven, Electric Range
Building Information
Year Built1984
Land Information
APNR8803
Lot Number31
Land UseResidential
Legal DescriptionWHISPERING OAKS LAKE LIMESTONE, BLOCK A, LOT 031
Census Tract970800
Assessed Land Value$131,280
Assessed Improvement Value$110,330
Assessment Year2024
About this property
This cabin in the woods would make a perfect before and after project. One of the first built on the lake, it sits on a .77 acre lot surrounded in oak trees. The cabin is a 2-1, and needs some TLC. The water front is a sandy beach that drops off to good deep, stump free water. The view from the shoreline is enough in itself.
Investor Tools
$372,000
Estimated Property Value
$0Estimated Mortgage Balance
$372,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,090
$241,610
2024
$131,280
$110,330
$241,610
No
Tax History
Year
Tax Paid
Assessed Value
2022
$3,090
$241,610
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$382,000
100%
0%
$0/mo
12.4%