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$84,000

501 S Lightfoot Street, Loraine, TX, 79532

Off MarketInfo
Beds3 Beds
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$72.22 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 1Bathrooms Half 1
AppliancesGas Range
FlooringCarpet, Laminate

Exterior

Lot Size16,030 sqft

Building Information

Year Built1956

Land Information

APN02030-00036-00005-000000
Lot Number5-7
Land UseResidential
Legal DescriptionT&P BLK 36 LT 5 & N90' LTS 6-7
Census Tract950400
Assessed Land Value$2,560
Assessed Improvement Value$62,432
Assessment Year2025

About this property

Super cute and well-cared for 3 bedroom, 1 bathroom brick home located in sweet town of Loraine, TX off of Interstate 20 between Sweetwater and Colorado City. Home features many updates like newer tile flooring in the common areas, carpet in the bedrooms, and a nicely updated bathroom. Very functional layout with a pass through dining room that includes the laundry closet. Kitchen features tile-countertops, plenty of cabinet space and a gas range. This home is situated on a large corner lot with an oversized 2-car carport, chain-link fencing and a designated dog run. Home has the option of being cooled with central air or window units and heated with wall furnace. Come and see this great little option in Loraine! Measurements are rounded and should be verified.

Investor Tools

Property Icon
$84,000
Estimated Property Value
$0Estimated Mortgage Balance
$15,429Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$504 /month
Positive
Cash Flow Estimate:
$168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$784
$64,992
2025
$2,560
$62,432
$64,992
No

Tax History

Year
Tax Paid
Assessed Value
2025
$784
$64,992

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$72,071
No
First
Sep 25, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,571
$15,429
18%
82%
$433/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: Loraine

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501 S Lightfoot Street | Property Details | No Agent List