$169,500
355 County Road 221 2, Breckenridge, TX, 76424
$220,350 ARV
On Market
Property Lead Type:
Must-SellARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesNone
Exterior
Exterior FeaturesStorage
Lot Size20,038 sqft
Building Information
Garage Spaces4
Land Information
APNR000010033
Lot Number34-35
SubdivisionAngel Acres
Land UseResidential Single Family
Legal DescriptionLOT: 34, 35 BLK: 1 SUBD: ANGEL ACRES
Census Tract950500
Assessed Land Value$14,630
Assessed Improvement Value$1,640
Assessment Year2025
About this property
Opportunity awaits you with this unfinished barndominium! This building was built with the intention of being finished out into a barndominium but life had other ideas. Don't let this one get past you! This is a 60x40 shop that is insulated, ran with electrical, plumbed in, with two septic tanks that have never been used. There are two roll-up doors and two man doors with a second story for storage, or potential living space. Lakefront home also available across the street. MLS# 21360029
Investor Tools
$33,493Estimated Mortgage Balance
$127,507Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$220,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,017 /month
Positive
Cash Flow Estimate:
$339 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$90/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$270
$16,270
2025
$14,630
$1,640
$16,270
No
Tax History
Year
Tax Paid
Assessed Value
2024
$270
$16,270
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clear Fork Bank Na
Unknown
$40,000
No
First
Aug 8, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,493
$127,507
79%
21%
$240/mo
