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$218,000

NAL Estimated Property Value

505 Elm St, Idalou, TX, 79329

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.71 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
FlooringVinyl

Exterior

Lot Size10,530 sqft

Building Information

Year Built1958
Roof Type105
Garage Spaces1

Land Information

APNR67744
Lot Number210
SubdivisionBaze W C Sub (Idalou)
Land UseResidential
Legal DescriptionBAZE W C L 21
Census Tract010102
Assessed Land Value$4,860
Assessed Improvement Value$180,491
Assessment Year2025

About this property

Highly sought out location in Idalou, close to football field and schools. Cozy, well-kept 3/2/1 with large bedrooms and a great kitchen/dining area that will fit all of your entertaining and family needs. Lots of potential in the large backyard. Vinyl flooring throughout the house, great for kids and pets. Great home, ideal for both investors or first-time home buyers.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$128,019Estimated Mortgage Balance
$89,981Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,400
$185,351
2025
$4,860
$180,491
$185,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,400
$185,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Fha
$142,373
Yes
First
Feb 4, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,019
$89,981
41%
59%
$854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$854/mo
+$571/mo
7.8%

City: Idalou

505 Elm St | Property Details | No Agent List