$14,000
405 N 10th St, Lamesa, TX, 79331
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
FlooringHardwood
Exterior
Exterior FeaturesNone
Lot Size7,013 sqft
Building Information
Year Built1936
Land Information
APN3054
Lot Number22
Land UseResidential
Legal DescriptionLOT 22 BLK 3 DICK JONES SUB (405 N 10TH)
Census Tract950401
Assessed Land Value$1,400
Assessed Improvement Value$6,140
Assessment Year2025
About this property
Lamesa!! A 632 sq ft, 2 bedroom, 1 bathroom property presents an investment opportunity requiring renovation.
Investor Tools
$0Estimated Mortgage Balance
$45,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$38/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$232
$7,540
2025
$1,400
$6,140
$7,540
Yes (2014)
Tax History
Year
Tax Paid
Assessed Value
2022
$232
$7,540
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$45,000
100%
0%
$0/mo
