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$256,000

NAL Estimated Property Value

312 Terrace Cir, Lamesa, TX, 79331

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,997 Sq Ft
price_per_sqft$129.69 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Wine Refrigerator
FlooringTile, See Remarks

Exterior

Exterior FeaturesOther
Lot Size17,337 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN4877
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 & 30 X 105 BLK 7 PARK TERRACE ADDN
Census Tract950500
Assessed Land Value$5,620
Assessed Improvement Value$187,120
Assessment Year2025

About this property

Charming 4BR/3BA with RV/Barn in Highly Sought-After Neighborhood of Park Terrace! Located in an established and well-loved neighborhood, this charming updated home offers fresh modern paint tones and wood-look tile laid in a stylish herringbone pattern throughout. The bright kitchen has stainless steel appliances and flows into the spacious living and dining areas, perfect for entertaining. The Isolated primary suite features a walk-in closet and private bath, and an additional bedroom also features its own private bathroom—perfect for guests or multigenerational living. Enjoy the outdoors with a large backyard deck, relaxing hot tub, koi pond, and mature shade trees in both the front and back. A 20x40 RV/boat barn or workshop offers ample storage and workspace, and an additional vacant lot in back provides room to expand or create your dream outdoor space. ADDED BONUS - Refrigerator, TVs in the living room and kitchen, and some koi fish convey with the home, and the AC fan motor and sump pump were replaced in 2025. A rare find with space and style—don't miss this one!

Investor Tools

Property Icon
$256,000
Estimated Property Value
$0Estimated Mortgage Balance
$256,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,055
$192,740
2025
$5,620
$187,120
$192,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,055
$192,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,000
100%
0%
$0/mo

City: Lamesa

312 Terrace Cir | Property Details | No Agent List