Last 24 Hours
$194,000
NAL Estimated Property Value381 Fm 2681, Mexia, TX, 76667
Off Market
— Beds
— Bath
720 Sq Ft
Unimproved Land
Built in 2022About this property
Waterfront lot on Lake Mexia! Almost half an acre on the water - lot has been cleared. This lot would be the perfect homesite for your forever Lake house or a great weekend get away for your family! If you love fishing then grab your pole and call this home!! Drive by, take a look and then call us to make an offer before it is gone!
Investor Tools
$194,000
Estimated Property Value
$100,512Estimated Mortgage Balance
$93,488Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$837
$149,640
2024
$45,000
$104,640
$149,640
No
Tax History
Year
Tax Paid
Assessed Value
2022
$837
$149,640
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$106,000
No
First
Jul 5, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,512
$93,488
48%
52%
$636/mo
12.4%