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$223,000

NAL Estimated Property Value

3300 Kay Road, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.45 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Lot Size21,867 sqft

Building Information

Year Built1971

Land Information

APN197230000
Lot Number8
SubdivisionPrice Acres
Land UseResidential
Legal DescriptionPRICE ACRES BLK 2 LOT N/2 OF 8 G#P0600-00-00020-008-0B-0
Census Tract000401
Assessed Land Value$32,630
Assessed Improvement Value$180,670
Assessment Year2025

About this property

Nestled in a quaint neighborhood off FM 1821, this cozy and inviting home awaits you! Spread across 1429 square feet, this home features 3 bedrooms, a full bathroom, and an additional half bath ensuite to the primary bedroom. Sitting on a generous half-acre lot, this home delivers a unique blend of comfort, function, and serenity. You'll enjoy the use of two storage sheds, an insulated & electrified workshop, and a well-built chicken coop that will delight the aspiring homesteader. Notably, this property has seen recent updates, with a new aerobic septic and HVAC systems installed in 2020. Discover a fresh coat of paint and an abundance of natural light that accentuates the welcoming atmosphere. The exterior offers just as much charm, with large shade and fruit trees creating a green canopy for the property. Situated less than 5 minutes Hwy 180, this home offers a balance of tranquility and accessibility. The refrigerator, washer, and dryer will convey.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$417,748Estimated Mortgage Balance
$223,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,435
$213,300
2025
$32,630
$180,670
$213,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,435
$213,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michigan Mutual Inc
Unknown
$219,907
No
First
Aug 4, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,748
N/A
0%
187%
$2,638/mo

City: Mineral Wells

3300 Kay Road | Property Details | No Agent List