$209,190
NAL Estimated Property Value409 SW 16th Street, Mineral Wells, TX, 76067
$224,264 ARV
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringVinyl
Exterior
Lot Size6,490 sqft
Building Information
Garage Spaces1
Land Information
APN154240200
Lot Number15R
SubdivisionLawn Place #2
Land UseResidential
Legal DescriptionLAWN PLACE #2 BLK 17 LOT 15R G#L0500-02-00170-015-R0-0
Census Tract000900
Assessed Land Value$16,230
Assessed Improvement Value$192,960
Assessment Year2025
About this property
Another new home that is changing the face of Mineral Wells. Brick and rock exterior. Luxury vinyl plank flooring throughout the house helps the homeowner with easy maintenance. All countertops are granite including the bathrooms. Open concept with the kitchen island looking out to the living and dining areas. 3 good sized bedrooms will give you plenty of space for your furniture. Kitchen appliances are GE stainless steel. Microwave, stove and dishwasher included. Full size washer and dryer space. All electric home.
Investor Tools
$209,190
Estimated Property Value
$179,178Estimated Mortgage Balance
$30,012Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$224,264
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,255 /month
Positive
Cash Flow Estimate:
$418 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,919
$209,190
2025
$16,230
$192,960
$209,190
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,919
$209,190
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$193,325
Yes
First
Jun 8, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,178
$30,012
14%
86%
$1,160/mo
