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$80,000

408 S Hoover St, Marfa, TX, 79843

$104,000 ARVInfo
On MarketInfo
Beds— Beds
Baths— Bath
Baths2,328 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size12,197 sqft

Land Information

APN181000000050002000000
Lot Number1-3,2S
Land UseResidential
Legal Description5, RAETZSCH W 50' OF LOT 1 & N 1 W 50' OF LOT 2S 27.5' OF LOT 2 & A OF LOT 3
Census Tract950100
Assessed Land Value$92,370
Assessed Improvement Value$376,390
Assessment Year2025

About this property

New build started on a really nice city lot. Floor plan included in sale. Plumbing, foundation permits complete. This road is in the city of Marfa convenient to all the things but quiet enough for a great space for relaxing, second home or vacation rental. This road leads to some beautiful landscape in West Texas. Seller is experienced builder in the area and will custom finish out for buyer. Custom home next door is also for sale and can be packaged together. Price negotiable.

Investor Tools

$0Estimated Mortgage Balance
$468,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$104,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,813 /month
Positive
Cash Flow Estimate:
$938 /month

Interested in this property?

Ofelia McDonald

Pauly Presley Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$959/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,161
$468,760
2025
$92,370
$376,390
$468,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,161
$468,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$468,760
100%
0%
$0/mo

City: Marfa