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$325,000

308 N 20th St, Lamesa, TX, 79331

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,135 Sq Ft
price_per_sqft$103.67 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Freezer, Range Hood, Refrigerator
FlooringCarpet, Laminate, Luxury Vinyl, Tile

Exterior

Exterior FeaturesBasketball Court, Private Yard
Lot Size18,121 sqft

Building Information

Year Built1957

Land Information

APN3667
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 & W/70 OF 10 BLK 9 MAIN ST ADDN (308 N 20TH)
Census Tract950401
Assessed Land Value$9,740
Assessed Improvement Value$138,330
Assessment Year2025

About this property

This home is a large 5 bedroom 3.5 baths, with 2 living areas. It sits on almost 2 whole lots and has 2 storage buildings. There is a large fenced yard and a small fenced area containing one of the storages. It has metal roof , put on in 2021. The rooms are nice size and much of the carpet is almost new. The large covered front and back porches allow for space to relax and drink coffee or have barbecues. There are plenty of trees and a corner lot advantage. The primary bedroom is huge and has a large walk-in closet and an updated walk-in shower. There is a nice size area for the washer and dryer and a large room for a pantry. The kitchen has a nice size breakfast bar and the dining room is open to the kitchen and has room for an ample size table. The kitchen appliances, stove, refrigerator, and freezer convey. Both the living room and den are large and the den boasts a fireplace. Don't miss this large Lamesa home,

Investor Tools

$19,391Estimated Mortgage Balance
$290,609Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Sharon Youngblood

Sharon Youngblood Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,640
$148,070
2025
$9,740
$138,330
$148,070
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,640
$148,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lana Rodgers
Unknown
$29,000
No
First
Apr 27, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,391
$290,609
93%
6%
$174/mo

City: Lamesa