$302,000
NAL Estimated Property Value4809 Belknap Street, Southmayd, TX, 76273
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Range, Gas Water Heater
FlooringCarpet, Vinyl, Wood
Exterior
Exterior FeaturesOther
Lot Size28,201 sqft
Building Information
Year Built1960
Garage Spaces4
Land Information
APNY002 1077010
SubdivisionSouthmayd D S A-G1077
Land UseResidential
Legal DescriptionG-1077 SOUTHMAYD D S A-G1077, ACRES 0.6474
Census Tract001101
Assessed Land Value$48,223
Assessed Improvement Value$88,272
Assessment Year2025
About this property
This is an investment or project property. Repairs and updates are needed. It is on an extra large lot on the edge of town next to a country setting. Additional structures could be added. Land has trees and a picturesque setting. Located in the small community of Southmayd, west of Sherman, off of Highway 56 on almost an acre of land.
Investor Tools
$302,000
Estimated Property Value
$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,837
$136,495
2025
$48,223
$88,272
$136,495
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,837
$136,495
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,000
100%
0%
$0/mo
