$415,000
411 E 6th Street, Hereford, TX, 79045
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Microwave, Double Oven
Exterior
Exterior FeaturesBrick
Lot Size1.01 acres
Building Information
Garage Spaces1
Land Information
APN4721
Lot Number1
Land UseCommercial
Legal DescriptionWHITEHEAD, BLOCK 1, LOT 1 (W200')
Census Tract950500
Assessed Land Value$131,980
Assessed Improvement Value$349,630
Assessment Year2024
About this property
Don't miss out on this great property in the heart of Hereford! The main building was used as a funeral home, but it also has the potential to be utilized as office space, a church building, or a number of other things! This building includes a large chapel area, office spaces, break room, and lots of storage areas! The property also includes a six car garage, carport, and a house with an efficiency apartment attached! The possibilities are endless with this property!
Investor Tools
$0Estimated Mortgage Balance
$481,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,890 /month
Positive
Cash Flow Estimate:
$963 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,207/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,080
$481,610
2024
$131,980
$349,630
$481,610
No
Tax History
Year
Tax Paid
Assessed Value
2022
$12,080
$481,610
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$481,610
100%
0%
$0/mo
