$145,000
NAL Estimated Property Value3242 Melinda Lane, Abilene, TX, 79603
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringLaminate, Wood
Exterior
Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size7,244 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces1
Land Information
APN32000066900
Lot Number31
SubdivisionGreen Acres Sec 2
Land UseResidential
Legal DescriptionGREEN ACRES SEC 2, BLOCK 32, LOT 31, CONT
Census Tract010500
Assessed Land Value$9,781
Assessed Improvement Value$121,754
Assessment Year2025
About this property
Super cute and cozy 3 bedroom 1 bath home with a great floorplan. Lots of updates. HUGE backyard with trees too! Don't miss out on this gem and schedule your showing today!
Investor Tools
$145,000
Estimated Property Value
$68,748Estimated Mortgage Balance
$76,252Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,981
$131,535
2025
$9,781
$121,754
$131,535
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,981
$131,535
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$75,000
No
First
Dec 10, 2021
Jan 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,748
$76,252
52%
47%
$450/mo
