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$89,000

NAL Estimated Property Value

305 Jackson Ave, Lorenzo, TX, 79343

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$3.87 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesNone

Exterior

Exterior FeaturesNone
Lot Size7,000 sqft

Building Information

Year Built1960

Land Information

APNR12055
Lot Number4
Land UseResidential
Legal DescriptionORIGINAL TOWN LORENZO BLOCK 34 LOT 4
Census Tract950300
Assessed Land Value$1,860
Assessed Improvement Value$900
Assessment Year2025

About this property

Burn House, could be torn down and land used for a mobile home or could be built upon. Call the City Planning/Zoning to see building restrictions if applicable. DISCLOSURE: This property is being listed and sold by an individual acting as Attorney-in-Fact under a valid and enforceable Power of Attorney. The listing agent and/or representative is not the legal owner of the property but is authorized to act on the owner's behalf. Buyer and buyer's agent are advised to independently verify all information, including title authority, condition, and seller representations. Copy of Power of Attorney available upon request.

Investor Tools

Property Icon
$89,000
Estimated Property Value
$44,262Estimated Mortgage Balance
$44,738Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$43/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$67
$2,760
2025
$1,860
$900
$2,760
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$67
$2,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Challenger Trust Llc
Purchase Money Mortgage
$47,000
No
First
Mar 29, 2023
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,262
$44,738
50%
50%
$282/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: Lorenzo

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305 Jackson Ave | Property Details | No Agent List