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$693,000

NAL Estimated Property Value

3371 S US Highway 385, Levelland, TX, 79336

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,990 Sq Ft
price_per_sqft$175.43 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesDisposal, Dishwasher, Microwave, Electric Water Heater, Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size8.88 acres

Building Information

Year Built1993
Garage Spaces3

Land Information

APN15828
Land UseResidential
Legal DescriptionBAYLOR CSL, LGE 32, N/2 LAB 8, ACRES 8.88
Census Tract950200
Assessed Land Value$21,450
Assessed Improvement Value$452,960
Assessment Year2025

About this property

Country home & Horse property w/pool, 4 stall horse barn, guest house (842 sq. ft., 1 bedroom, 1 bath), shop, and arena. 8.888 acres per survey, pipe fenced w/cross fencing -- located on pavement just south of Levelland, Tx, approximately 3 miles from the Mallet Event Center. The main home is 4 bedroom, 2.5 baths, basement, and 3 car garage, built in 1993, and also features 2 living areas & 2 dining areas, with total of 3148 sq. ft. living area, including basement. Guest House features 1 bedroom, 1 bath, living room, and a full-sized, updated kitchen. It's a perfect country setup for the family with horses or other large animals. Please note that the total sq. ft. includes the Main Home plus the Guest House. Call to see this great property -- it is turnkey, and it truly has all you need.

Investor Tools

Property Icon
$693,000
Estimated Property Value
$258,547Estimated Mortgage Balance
$434,453Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,199
$474,410
2025
$21,450
$452,960
$474,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,199
$474,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$326,400
No
First
Jul 29, 2016
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,547
$434,453
62%
37%
$1,957/mo

City: Levelland

3371 S US Highway 385 | Property Details | No Agent List