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$331,000

NAL Estimated Property Value

305 Lorraine Avenue, Lissie, TX, 77454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,543 Sq Ft
price_per_sqft$137.59 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet

Exterior

Lot Size38,002 sqft

Building Information

Year Built1976

Land Information

APN19359
Lot Number1-5
SubdivisionLissie
Land UseResidential
Legal DescriptionLISSIE BLOCK 40 LOT 1,2,3,4,5
Census Tract740100
Assessed Land Value$30,400
Assessed Improvement Value$282,668
Assessment Year2025

About this property

Welcome to 305 Lorraine Ave! This 2543 2 story home sits on almost an acre of unrestricted land in Lissie, just 8 miles outside of East Bernard. Zoned to EBISD, this property has had some updates. It's got all new pex plumbing, new septic and well, as well as a new roof and hardy siding! It has granite counter tops and solid wood cabinets! It features a large living room, with high ceilings, a formal dining, and a wet bar for entertaining! The primary and one other bedroom are downstairs, with 2 more upstairs and a large game room! The utility room/mud area also has a full bath for your convenience! The mature live oaks and pecans offer great shade and on an .89 acre lot, there is plenty of room for a barn! Call today for your private tour!

Investor Tools

Property Icon
$331,000
Estimated Property Value
$285,927Estimated Mortgage Balance
$45,073Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,467
$313,068
2025
$30,400
$282,668
$313,068
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,467
$313,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$294,693
No
First
Sep 19, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,927
$45,073
13%
86%
$1,767/mo

City: Lissie

305 Lorraine Avenue | Property Details | No Agent List