$278,000
NAL Estimated Property Value2612 Memphis Avenue, Nederland, TX, 77627
$336,255 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size9,448 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN019100-000-000200-00000
Lot Number2
SubdivisionE. Lane
Land UseResidential
Legal DescriptionE LANE LT 2 BLK 1
Census Tract011101
Assessed Land Value$33,737
Assessed Improvement Value$227,433
Assessment Year2025
About this property
Master bedroom down, 2 bedrooms up, large living room + den with fireplace. Backyard has in-ground appx 18' x 35' gunite pool. Covered patio and privacy fence. Curb & gutter streets near C. O. Wilson Middle & Helena Park Elementary. This would make a great family home with some updates and pool is situated where there is still ample room for backyard activities. Value priced and being sold "as is".
Investor Tools
$278,000
Estimated Property Value
$309,613Estimated Mortgage Balance
$278,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$336,255
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,900
$261,170
2025
$33,737
$227,433
$261,170
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,900
$261,170
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Conventional
$318,100
No
First
Nov 21, 2024
Dec 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,613
N/A
0%
111%
$1,908/mo
