Last 24 Hours
$285,000
NAL Estimated Property Value408 N Mesquite St, Hico, TX, 76457
$370,500 ARV
Off Market
6 Beds
3 Bath
2,880 Sq Ft
Single Family Residence
$27.43 / sqft
Built in 1925Property Lead Type:
Off-Market ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 6
Bathrooms 3AppliancesGas Cooktop, Gas Oven
FlooringWood
Exterior
Lot Size11,090 sqft
Building Information
Year Built1925
Land Information
APNR20514
Land UseResidential
Legal DescriptionN PT OF 1 BLK 21 (1) ORIG HICO; 83.5X92X64.5+43.2X140 (SEE DEED)
Census Tract950100
Assessed Land Value$18,640
Assessed Improvement Value$215,530
Assessment Year2025
About this property
Owner must sell; drastically reduced from last year. Great opportunity for the large family or for the investor. This home has so many rooms and best of all 3 bathrooms. Very nice neighborhood and the home would make super VRBO. A lot of pretty old qualities... wood floors, high ceilings, wooden windows.
Investor Tools
$285,000
Estimated Property Value
$40,662Estimated Mortgage Balance
$244,338Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$370,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,831
$234,170
2025
$18,640
$215,530
$234,170
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,831
$234,170
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cynthia Hunt
Unknown
$62,000
No
First
Sep 1, 2011
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,662
$244,338
85%
14%
$372/mo
12.4%