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$137,450

NAL Estimated Property Value

3994 County Road 7, Hereford, TX, 79045

Recently SoldInfo
8/27/26
Beds— Beds
Baths— Bath
Baths2,400 Sq Ft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.22 acres

Land Information

APN5623
Land UseCommercial
Legal DescriptionBLOCK K-3 SECTION 42 TR S OUT NE/4, A-1196 1.22 AC
Census Tract950600
Assessed Land Value$97,600
Assessed Improvement Value$39,850
Assessment Year2024

About this property

Shop building with frontage on Hwy 60 and CR 7. Irregular shaped lot with 140 front feet on County Road 7 & 162.40 feet on Hwy. 60. Total of 1.22 acres. Outside the city limit. Fencing on three sides, crushed asphalt driveway & lot. Metal 40 by 60 shop building,metal roof, and a concrete slab with office, four overhead doors to the work bays, a walk-in door, overhead crane, restroom and storage areas. Equipment storage shed offers covered storage, constructed of corrugated panels on a steel frame provides cover on three sides. Ample room for trucks, trailers or farm equipment. Storage building on south end is metal panels on steel frame, with a concrete floor. Property provides versatile space for a variety of uses. Private Well and Septic system. Bill board income is $1400. per year.

Investor Tools

Property Icon
$137,450
Estimated Property Value
$0Estimated Mortgage Balance
$137,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,713
$137,450
2024
$97,600
$39,850
$137,450
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,713
$137,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$137,450
100%
0%
$0/mo

City: Hereford

3994 County Road 7 | Property Details | No Agent List