$302,000
NAL Estimated Property Value408 Sooner St, Wolfforth, TX, 79382
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size7,810 sqft
Building Information
Year Built1998
Roof Type105
Garage Spaces2
Land Information
APNR146504
Lot Number1740
SubdivisionFrenship Mesa
Land UseResidential
Legal DescriptionFRENSHIP MESA L 174
Census Tract010404
Assessed Land Value$51,000
Assessed Improvement Value$220,957
Assessment Year2025
About this property
Absolutely awesome 4/2/2 in Frenship Mesa. Great updates include exterior and some interior paint, and wood floors. Nice shop with overhead door from the alley. Lots of room and great opportunity in this one owner home. Call today...we would love to show you this great home within walking distance to Frenship High School.
Investor Tools
$302,000
Estimated Property Value
$179,097Estimated Mortgage Balance
$122,903Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,782
$271,957
2025
$51,000
$220,957
$271,957
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,782
$271,957
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$202,000
No
First
Jul 9, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,097
$122,903
40%
59%
$1,212/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,212/mo
+$578/mo
7.1%
