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$305,000

NAL Estimated Property Value

300 Salem Rd, Yoakum, TX, 77995

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.89 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,780 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04750-000-24900
SubdivisionT & Norr Abst 475
Land UseResidential
Legal Description04750 T & NORR ABST 475 TRACT 22, ACRES .5
Census Tract001607
Assessed Land Value$31,750
Assessed Improvement Value$74,200
Assessment Year2025

About this property

This Gem of a home is waiting for you, this home offers 3 bedroom and is located in Fordtran community its perfect for anyone wanting to get out of the city, this property has lots of room for gardening, raising small farm animals or just enjoying a quiet peaceful evening at home.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$112,302Estimated Mortgage Balance
$192,698Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,306
$105,950
2025
$31,750
$74,200
$105,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,306
$105,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Unknown
$126,663
No
First
Jul 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,302
$177,698
61%
37%
$760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$760/mo
+$743/mo
5.9%

City: Yoakum

300 Salem Rd | Property Details | No Agent List