$166,000
NAL Estimated Property Value316 Prospect Drive, Trinity, TX, 75862
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size2 acres
Building Information
Year Built1946
Garage Spaces4
Land Information
APN27327
Lot Number8,9
Land UseResidential
Legal DescriptionGIBSON ADDN, LOT 08,09
Census Tract950500
Assessed Land Value$31,000
Assessed Improvement Value$7,868
Assessment Year2025
About this property
Almost two and a half acres of unrestricted land on highly traveled Highway 19 in the city of Trinity Tx. This property was once a business that had a circle concrete drive lined by beautiful trees. There is a garage apartment on the property that needs TLC and on the back of the property is a 3-bay garage. This property is just down the street from the hospital and can be residential or commercial. The possibilities here are endless. All measurements should be verified by purchaser.
Investor Tools
$166,000
Estimated Property Value
$0Estimated Mortgage Balance
$166,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$922
$38,868
2025
$31,000
$7,868
$38,868
Yes (2019)
Tax History
Year
Tax Paid
Assessed Value
2022
$922
$38,868
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$166,000
100%
0%
$0/mo
