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$176,000

NAL Estimated Property Value

307 Lynn Street, Waxahachie, TX, 75165

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
price_per_sqft$126.95 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size12,502 sqft

Building Information

Year Built1940
Stories1

Land Information

APN90.4105.000.118.00.112
Lot Number118
SubdivisionFerris 2nd-Rev
Land UseResidential
Legal DescriptionLOT 118 & 119C FERRIS 2ND-REV .287 AC
Census Tract060601
Assessed Land Value$70,000
Assessed Improvement Value$106,958
Assessment Year2025

About this property

Cute 2 bedroom bungalow ready for its new owner. Nice size living room and kitchen situated on an oversized lot. Buyer to verify schools and measurements. Agent Owner Perfect for first time homeowner. House will be vacant at closing.

Investor Tools

Property Icon
$176,000
Estimated Property Value
$105,859Estimated Mortgage Balance
$70,141Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$501
$118,579
2025
$70,000
$106,958
$176,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$501
$118,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$122,735
Yes
First
Jun 7, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,859
$70,141
39%
60%
$736/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$736/mo
+$829/mo
10.7%

City: Waxahachie

307 Lynn Street | Property Details | No Agent List