$163,000
NAL Estimated Property Value411 Terrace Cir, Lamesa, TX, 79331
$177,029 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Dishwasher, Free-Standing Electric Range, Microwave, Gas Water Heater
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesPrivate Yard, Storage
Lot Size10,498 sqft
Building Information
Year Built1950
Land Information
APN4893
Lot Number14
Land UseResidential
Legal DescriptionLOT 14 BLK 8 PARK TERRACE (411 TERRACE CIRCLE)
Census Tract950500
Assessed Land Value$5,010
Assessed Improvement Value$106,780
Assessment Year2025
About this property
This is a 3 bedroom 2 bath 1703 sq. ft. brick in the Park Terrace addition of Lamesa. There are 2 living areas, one with a fireplace. There is an eat in kitchen as well as room for a dining table. There are granite counter tops and a spacious breakfast bar. It has a 2 car carport in the front and a large carport in the back yard. There are 2 storages, 1 attached to the house that is roomy and nice and another storage in the back yard. The roof is only about 4 years old. The price is only $165,000 so don't let this one slip by.
Investor Tools
$163,000
Estimated Property Value
$42,803Estimated Mortgage Balance
$120,197Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$177,028
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,225
$95,810
2025
$5,010
$106,780
$111,790
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,225
$95,810
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Va
$80,698
Yes
First
Dec 7, 2007
Jan 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,803
$120,197
73%
26%
$484/mo
