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$209,190

NAL Estimated Property Value

409 SW 16th Street, Mineral Wells, TX, 76067

$224,264 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
price_per_sqft$141.77 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
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

Property Icon
$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

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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

City: Mineral Wells

409 SW 16th Street | Property Details | No Agent List