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$475,000

431 Montrose St, Belton, TX, 76513

On MarketInfo
Beds— Beds
Baths— Bath
Baths3,840 Sq Ft
price_per_sqft$123.7 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
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

Interested in this property?

Paula Golden

Covington Real Estate, Inc.

ContactContact

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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

City: Belton

431 Montrose St | Property Details | No Agent List