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$161,000

506 N 19th Street, Lamesa, TX, 79331

$167,810 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
price_per_sqft$87.88 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDouble Oven, Electric Cooktop, Electric Oven, Refrigerator
FlooringPlank, Tile

Exterior

Exterior FeaturesStorage
Lot Size9,017 sqft

Building Information

Year Built1950

Land Information

APN3582
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 4 MAIN ST ADDN (506 N 19TH)
Census Tract950401
Assessed Land Value$4,840
Assessed Improvement Value$171,180
Assessment Year2025

About this property

3 Bedroom, 2 Bath home with 1,832 square feet featuring a security system that conveys with the property. The laundry room offers additional storage, and the dining room includes a bay window and glass door leading to the covered backyard patio. The master suite features a walk-in closet, while the master bathroom includes tile flooring and a tiled shower. The living room showcases a beautiful beam ceiling, adding warmth and character to the space. Additional features include an attached carport, storage shed with electricity connected, and a fully fenced corner lot. Major updates include a roof replacement in 2023 and a new gas line installed in 2025. Call today to schedule your private showing appointment!

Investor Tools

$49,204Estimated Mortgage Balance
$126,816Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$167,809
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

Interested in this property?

Rachael Moreno

Our Texas Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,180
$176,020
2025
$4,840
$171,180
$176,020
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,180
$176,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Fha
$82,824
Yes
First
Oct 7, 2009
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,204
$126,816
72%
28%
$497/mo

City: Lamesa