Last 24 Hours
$200,000
NAL Estimated Property Value403 Terrace Cir, Lamesa, TX, 79331
$207,034 ARV
Off Market
3 Beds
2 Bath
2,008 Sq Ft
$66.73 / sqft
Built in 1951Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2Exterior
Lot Size6,621 sqft
Building Information
Year Built1951
Land Information
APN4889
Lot Number9,10
Land UseResidential
Legal DescriptionLOT 10 & PT OF LOT 9 BLK 8 PARK TERRACE (403 TERRACE CIRCLE)
Census Tract950500
Assessed Land Value$3,620
Assessed Improvement Value$117,930
Assessment Year2025
About this property
Welcome to a Pinterest Board come to life on this perfect street in Lamesa. You'll be welcomed by a formal room with sophisticated charm. The home has been lovingly renovated with vinyl plank flooring, new carpet in all bedrooms and modern paint choices. A recent hot water heater and roof installed in 2018 roof will give confidence to even the pickiest buyers. With a recently remodeled bathroom and an inviting family room with a whitewashed fireplace, you'll find plenty of space to relax indoors. Step into the large backyard to enjoy a perfect space for entertaining family and friends. Bring us an offer!
Investor Tools
$200,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$207,033
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,240
$121,550
2025
$3,620
$117,930
$121,550
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,240
$121,550
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo
12.4%