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$610,000

48 Marcy Drive, Borger, TX, 79007

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,680 Sq Ft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Cooktop

Exterior

Private PoolPrivate Pool
Exterior FeaturesBrick
Lot Size1 acre

Building Information

Year Built2000
Garage Spaces3

Land Information

APN28128
Land UseResidential
Legal Description33 TR 2 BLK Y A&B
Census Tract951000
Assessed Land Value$7,500
Assessed Improvement Value$263,780
Assessment Year2025

About this property

Situated on nearly 7 acres, this beautifully updated property offers the perfect combination of space, efficiency, & modern improvements. Many updates, including a Class 4 impact-resistant roof (approximately 1 year old), 2 new 4-ton HVAC systems, new garage doors, updated exterior doors, fresh interior texture & paint throughout, & stunning granite countertops. Step outside & enjoy the backyard oasis featuring an in-ground pool with a new liner, pump, & sand filter. The pool liner carries a 15-year warranty, offering added peace of mind. Additional features include a heated & cooled 200± sq. ft. workshop located within the garage, TCW water service, a registered & county-inspected septic system, & a home that is all electric (with the exception of the wood stock soap stone stove). Solar panels with an assumable loan help improve energy efficiency and can significantly reduce monthly electric costs. The east-side fence was recently installed to provide neighboring property access, and the north side of the property includes a supply of bricks that may be repurposed for a mailbox, landscaping, or future projects. If you're looking for acreage, extensive updates, energy-efficient features, and a private setting with room to enjoy the outdoors, this exceptional property is one you won't want to miss!

Investor Tools

Property Icon
$461,000
Estimated Property Value
$0Estimated Mortgage Balance
$115,946Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

Interested in this property?

Jodina Plumley

Keller Williams Realty Amarillo

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,008
$271,280
2025
$7,500
$263,780
$271,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,008
$271,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$412,500
No
First
Nov 8, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,054
$115,946
25%
75%
$2,130/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Borger

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48 Marcy Drive | Property Details | No Agent List