$247,000
NAL Estimated Property Value391 W North Lake Dr Space 26, Balmorhea, TX, 79718
Off Market
Highlights
Interior
AppliancesElectric Water Heater
Building Information
Year Built1960
Land Information
APN34914
Land UseResidential
Legal DescriptionPERSONAL PROPERTY MH/LL BAL LAKE SP26
Census Tract950600
Assessed Improvement Value$18,458
Assessment Year2025
About this property
Balmorhea Lakefront Tiny Home Retreat! Enjoy stunning lakefront views from this charming 1-bedroom, 1-bath tiny home with direct water access. Wake up to breathtaking sunrises and unwind in your fenced-in yard, offering both privacy and relaxation. This cozy retreat features a kitchenette, a full bathroom with a tub, and septic, water, and utilities already in place. Located just minutes from Balmorhea, this is the perfect spot for a weekend escape or full-time lakeside living.
Investor Tools
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$368
$18,458
2025
N/A
$18,458
$18,458
No
Tax History
Year
Tax Paid
Assessed Value
2025
$368
$18,458
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo
