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$242,000

NAL Estimated Property Value

505 N Lexington St, Manor, TX, 78653

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.72 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesFree-Standing Range, Refrigerator, Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size20,125 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02356201010000
Lot Number2,3-5
SubdivisionManor Town Of
Land UseResidential
Legal DescriptionN 57.5FT OF E 1/2 OF LOT 2 & N 57.5 FT OF LOT 3-5 BLK 67 MANOR TOWN OF
Census Tract002217
Assessed Land Value$90,039
Assessed Improvement Value$105,556
Assessment Year2025

About this property

Beautiful Bungalow in the Heart of Manor Texas. This 2 bedroom 1 bath home is full of charm with 1950's hardwood floors throughout. It sits on almost 1/4 an acre with mature trees. The lot measures 57.5' wide X 175' deep. Plenty of room to develop the backside. Call for more information or to set up an appointment for a private showing. 2016 New Roof & Gas Water Heater. Washer & Dryer connections in back storage/garage.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$180,478Estimated Mortgage Balance
$62,256Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,408
$195,595
2025
$90,039
$105,556
$195,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,408
$195,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$202,730
No
First
Jul 31, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,478
$66,522
26%
75%
$1,216/mo

City: Manor

505 N Lexington St | Property Details | No Agent List