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$305,560

NAL Estimated Property Value

410 SW 4th Avenue, Mineral Wells, TX, 76067

Off MarketInfo
CommercialInfo
Beds5 Beds
Baths4 Bath
Baths3,000 Sq Ft
price_per_sqft$45 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Laminate, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size9,540 sqft

Building Information

Year Built1930

Land Information

APN162220000
Lot NumberN45.4
SubdivisionLynch
Land UseResidential
Legal DescriptionLYNCH BLK 19 LOT N45.4 OF B-E OF 1 & H OF 2 G#L0700-00-00190-001-0B-1
Census Tract000900
Assessed Land Value$29,970
Assessed Improvement Value$275,590
Assessment Year2025

About this property

One of a kind 2 story fourplex available within walking distance of downtown Mineral Wells. Tenants will be able to enjoy the new boutiques and restaurants that are thriving in our redevelopment. Interested in house hacking? Live in one of the units and rent out the other three to offset expenses. Each 1 bedroom, 1 bath unit has its own covered parking space and each double carport has an attached storage building. The upstairs balcony can be accessed through apartments #3 and #4 and apartments #1 and #2 have a front porch. There is a portion of the backyard area that has been fenced. Ideal for anyone looking for a way to offset housing expenses or someone looking for an investment.

Investor Tools

Property Icon
$305,560
Estimated Property Value
$128,454Estimated Mortgage Balance
$177,106Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,833 /month
Positive
Cash Flow Estimate:
$611 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,594
$305,560
2025
$29,970
$275,590
$305,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,594
$305,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$144,000
No
First
Oct 14, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,454
$177,106
57%
42%
$864/mo

City: Mineral Wells

410 SW 4th Avenue | Property Details | No Agent List