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$136,000

NAL Estimated Property Value

261 S 7th Avenue, Munday, TX, 76371

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.07 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesAwning(s)

Building Information

Garage Spaces1

Land Information

APN008000007000410000000
Land UseResidential
Legal DescriptionBLK 42 LT E 120' OF 1 & 2 J T LEE MUNDAY
Census Tract950200
Assessed Land Value$7,500
Assessed Improvement Value$98,340
Assessment Year2025

About this property

Located on South 7th in Munday you will find this family friendly, brick home with ample covered parking. The two bedroom, two bathroom home is centered around a fully updated, beautiful kitchen. The kitchen is complete with granite, large center island, ample counter space, abundant cabinetry, a full pantry and more. Just off the kitchen you will find the welcoming living room with oversized picture window. The updated flooring flows through the homes kitchen, living room and custom dining room. Both bedrooms are oversized with plenty of closet space and the master bathroom has been recently renovated to include tile shower and floors. In the private, fenced back yard you will enjoy a spacious covered patio, open courtyard area, room for a garden, a cellar, water well and a space perfect for a play set. This two bedroom home could easily be converted to a three bedroom if needed. The home would make a perfect first homebuyers option or ideal retirement property.

Investor Tools

Property Icon
$136,000
Estimated Property Value
$0Estimated Mortgage Balance
$136,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,392
$105,840
2025
$7,500
$98,340
$105,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,392
$105,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$136,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Munday

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261 S 7th Avenue | Property Details | No Agent List