Last 24 Hours
$234,000
NAL Estimated Property Value308 Bailey St, Madisonville, TX, 77864
Off Market
3 Beds
2 Bath
1,232 Sq Ft
Single Family Residence
$146.02 / sqft
Built in 2023Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesMicrowave, Electric Range, Dishwasher
Building Information
Year Built2023
Land Information
APNR-6500-002-0050-901
Lot Number5
Land UseResidential
Legal DescriptionWALLACE ADDITION BLK 2 LOT 5 .0
Census Tract000400
Assessed Land Value$2,500
Assessed Improvement Value$177,460
Assessment Year2025
About this property
Seller now offering $3,000.00 in seller concessions! First time on the market - Newly constructed home in Madisonville is ready for its new owner. This Hardi Plank home features 1232 SF of living space with 3 bedrooms, 2 full baths, open concept kitchen/dining/living areas, split bedroom plan, laminate flooring, granite countertops, new stainless appliances, and light and bright neutral colors. Great location in the Madisonville ISD, minutes from Lake Madison recreational area, schools, shopping, restaurants, and medical facilities.
Investor Tools
$234,000
Estimated Property Value
$171,737Estimated Mortgage Balance
$234,000Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$56
$179,960
2025
$2,500
$177,460
$179,960
No
Tax History
Year
Tax Paid
Assessed Value
2022
$56
$179,960
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$179,900
Yes
First
Nov 13, 2023
Dec 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,737
$42,263
19%
73%
$1,079/mo
12.4%