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$344,000

NAL Estimated Property Value

404 N Plateau St, Marfa, TX, 79843

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size9,017 sqft

Building Information

Year Built2004

Land Information

APN133000000060008000000
Lot Number8,9
SubdivisionMitchell
Land UseResidential
Legal Description6, MITCHELL LOT 8 & S 18' OF LOT 9
Census Tract950100
Assessed Land Value$107,610
Assessed Improvement Value$197,460
Assessment Year2025

About this property

More than friendly price reduction - seller is motivated. This move-in-ready 1 Bedroom 1 Bathroom home is a desirable open plan for Marfa. Acclaimed landscape architect Jim Martinez designed the native plants, fruit trees & raised garden beds which add depth and greenery to the property. Additional kanga-room in back yard provides a studio and extra storage. Perfect for a solo individual or couple wanting a private, nature filled retreat, while remaining close to all major points in Marfa.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$156,605Estimated Mortgage Balance
$187,732Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,962
$305,070
2025
$107,610
$197,460
$305,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,962
$305,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$180,000
No
First
Sep 20, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,605
$187,395
54%
46%
$1,080/mo

City: Marfa

404 N Plateau St | Property Details | No Agent List