$349,556
NAL Estimated Property Value3116 Berkshire Ln, Corinth, TX, 76210
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size7,061 sqft
Building Information
Year Built1997
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR193249
Lot Number9
SubdivisionMeadow Oaks Ph I
Land UseResidential
Legal DescriptionMEADOW OAKS PH I BLK 10 LOT 9
Census Tract021419
Assessed Land Value$86,510
Assessed Improvement Value$263,046
Assessment Year2025
About this property
This inviting, well maintained 3-bedroom, 2-bathroom starter home boast an open layout for entertaining and a spacious blank canvas backyard for creating your own oasis. Conveniently located near I-35, close to walking trails, good schools, and walking distance to Meadow Oaks Park. This makes the home great for families! Move-in ready and complete with washer, dryer, and refrigerator! Don't miss this opportunity.
Investor Tools
$349,556
Estimated Property Value
$232,492Estimated Mortgage Balance
$117,064Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,097 /month
Positive
Cash Flow Estimate:
$699 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
$99/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,062
$349,556
2025
$86,510
$263,046
$349,556
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,062
$349,556
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$240,000
No
First
Aug 28, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,492
$117,064
33%
67%
$1,439/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,538/mo
+$852/mo
8.2%
