$475,000
431 Montrose St, Belton, TX, 76513
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal, Range Hood, Vented Exhaust Fan, Water Heater, Some Electric Appliances, Microwave
FlooringLaminate, Tile
Exterior
Exterior FeaturesPatio, Storage
Lot Size11,456 sqft
Building Information
Year Built2001
Stories2
Roof Type105
Land Information
APN237909
Lot Number2
SubdivisionMeredith Addition Replat
Land UseResidential
Legal DescriptionMEREDITH ADDITION REPLAT, BLOCK 001, LOT 0002, ACRES .263
Census Tract021702
Assessed Land Value$28,984
Assessed Improvement Value$294,288
Assessment Year2025
About this property
Fantastic opportunity to own a four-unit multifamily property in growing Belton, Texas. Whether you’re expanding your portfolio or purchasing your first investment property, this quadplex offers excellent income potential in a highly desirable location.
Investor Tools
$133,279Estimated Mortgage Balance
$281,721Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,316
$323,272
2025
$28,984
$294,288
$323,272
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,316
$323,272
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
360 Mortgage Group Llc
Fha
$182,091
Yes
First
Jun 27, 2014
Jul 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,279
$281,721
67%
32%
$0/mo
