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$315,000

NAL Estimated Property Value

318 Franklin Rd, Eddy, TX, 76524

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$234.3 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringTile

Exterior

Exterior FeaturesFire Pit, Gas Grill, Outdoor Grill
Lot Size22,128 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces1

Land Information

APN160405000043033
SubdivisionPrewitt Levi
Land UseResidential
Legal DescriptionPREWITT LEVI ACRES 0.5
Census Tract003802
Assessed Land Value$24,160
Assessed Improvement Value$245,440
Assessment Year2025

About this property

Welcome to your dream home! This beautifully updated residence blends modern elegance with warm, inviting charm. Featuring a stunning chef’s kitchen with quartz countertops, designer backsplash, stainless steel appliances, it flows seamlessly into a bright dining area with floor-to-ceiling windows. The home boasts gleaming marble-look tile throughout and abundant natural light from large windows and sliding glass doors. Step outside to your backyard oasis—perfect for entertaining—with a covered outdoor kitchen, ceiling fan, and stone bar. Enjoy evenings around the custom fire pit or host guests in the detached guest house, offering extra privacy and flexibility. Additional features include a spacious open-concept layout, upgraded fixtures, lush turf landscaping, and a fully fenced yard for added privacy. With timeless curb appeal, modern finishes, and functional upgrades throughout, this home is truly one-of-a-kind. Don’t miss the opportunity to own this exceptional property that combines luxury living with everyday comfort—schedule your private tour today!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,770
$269,600
2025
$24,160
$245,440
$269,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,770
$269,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
N/A
+$1,430/mo
5.4%

City: Eddy

318 Franklin Rd | Property Details | No Agent List