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$337,000

NAL Estimated Property Value

402 Se 6th St, Andrews, TX, 79714

$438,100 ARVInfo
Off MarketInfo
Baths3,552 Sq Ft
price_per_sqft$99.21 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

AppliancesBuilt-In Electric Oven, Individual Water Heaters

Exterior

Exterior FeaturesBalcony
Lot Size9,710 sqft

Building Information

Year Built1982

Land Information

APN00400-01490-0000
Lot Number5,6
Land UseResidential
Legal DescriptionAVALON BLK 6 LOT 5 EXC N17 FT & ALL LOT 6
Census Tract950300
Assessed Land Value$9,710
Assessed Improvement Value$187,658
Assessment Year2025

About this property

Don't miss this fantastic investment property! This updated quadplex features four (4) spacious apartments, each offering 2 bedrooms, 1 bath, washer/dryer connections, and a cozy fireplace. Units have some upgrades throughout, blending comfort and modern appeal to attract quality tenants. With strong rental income potential and desirable amenities, this quadplex is the perfect addition to any portfolio. A true must-see!

Investor Tools

Property Icon
$337,000
Estimated Property Value
$591,489Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$438,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,114 /month
Positive
Cash Flow Estimate:
$705 /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
$710
$197,368
2025
$9,710
$187,658
$197,368
No

Tax History

Year
Tax Paid
Assessed Value
2025
$710
$197,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Basin Credit Union
N/A
$890,000
N/A
First
Oct 30, 2009
Jun 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$591,489
N/A
0%
176%
$5,336/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Andrews

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402 Se 6th St | Property Details | No Agent List