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$159,000

NAL Estimated Property Value

447 Fm 1365, Mexia, TX, 76667

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,012 Sq Ft
price_per_sqft$59.29 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesNone

Building Information

Year Built1968

Land Information

APNR20274
Lot Number2
Land UseResidential
Legal DescriptionGUY HANCOCK ADDITION MEXIA (OCL), BLOCK 002, LOT 002
Census Tract000600
Assessed Land Value$9,000
Assessed Improvement Value$26,440
Assessment Year2024

About this property

Great investment opportunity in Mexia! This property features a newly replaced roof (2024), updated electrical system, and recently repaired foundation. Ideal for investors looking for a solid, low-maintenance property with key upgrades already completed. Don't miss out on this ready-to-go investment!

Investor Tools

Property Icon
$159,000
Estimated Property Value
$29,154Estimated Mortgage Balance
$129,846Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$136
$35,440
2024
$9,000
$26,440
$35,440
No

Tax History

Year
Tax Paid
Assessed Value
2022
$136
$35,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$30,000
No
First
Oct 11, 2024
Oct 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,154
$129,846
81%
18%
$180/mo

City: Mexia

447 Fm 1365 | Property Details | No Agent List