Last 24 Hours
$61,000
NAL Estimated Property Value308 Monroe, Lorenzo, TX, 79343
Off Market
3 Beds
2 Bath
1,086 Sq Ft
Single Family Residence
$27.62 / sqft
Built in 1930Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2Exterior
Lot Size14,000 sqft
Building Information
Year Built1940
Land Information
APNR11808
Lot Number14,15
Land UseResidential
Legal DescriptionORIGINAL TOWN LORENZO BLOCK 32 LOT 14,15
Census Tract950300
Assessed Land Value$3,720
Assessed Improvement Value$31,580
Assessment Year2025
About this property
This would make a great fix-n-flip or even a great investment to fix up the existing home and build another home on the other lot. The existing front house is a 2 bedroom 1 bath with an additional efficiency back house. This Listing also sits on 2 Lots with a lot of potential. Selling As-Is. Please reach out for your private showing today.
Investor Tools
$61,000
Estimated Property Value
$6,093Estimated Mortgage Balance
$54,907Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$366 /month
Positive
Cash Flow Estimate:
$122 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$47/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$261
$35,300
2025
$3,720
$31,580
$35,300
No
Tax History
Year
Tax Paid
Assessed Value
2022
$261
$35,300
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Bank
Unknown
$12,500
No
First
Oct 19, 2006
Oct 2008
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,093
$54,907
90%
10%
$75/mo
12.4%