Last 24 Hours
$203,000
NAL Estimated Property Value310 Velma Drive, Kilgore, TX, 75662
Off Market
3 Beds
2 Bath
1,272 Sq Ft
Single Family Residence
$47.17 / sqft
Built in 1966Property Lead Type:
BankruptcyOff-Market ListDeal ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesNone
FlooringCarpet, Vinyl
Exterior
Lot Size12,001 sqft
Building Information
Year Built1966
Stories1
Roof Type109
Garage Spaces2
Land Information
APN6070000008-005-00-03
Lot Number5
SubdivisionRolling Meadows
Land UseResidential
Legal DescriptionLT 5 BLK H ROLLING MEADOWS
Census Tract010600
Assessed Land Value$11,350
Assessed Improvement Value$143,280
Assessment Year2025
About this property
Great investment opportunity in a quiet subdivision just outside of Kilgore! Great brick home on a nice size lot with 3 bedrooms, 2 baths, 2 car side entry garage, large covered front porch, covered patio and fenced backyard. Needs some TLC, but has lots of potential!!
Investor Tools
$203,000
Estimated Property Value
$96,886Estimated Mortgage Balance
$106,114Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$773
$154,630
2025
$11,350
$143,280
$154,630
No
Tax History
Year
Tax Paid
Assessed Value
2024
$773
$154,630
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wjr Properties Llc
Unknown
$109,500
No
First
Jun 4, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,886
$106,114
52%
48%
$657/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$657/mo
+$803/mo
8.6%
12.4%