Last 24 Hours
$118,000
NAL Estimated Property Value507 E Park Ave, Hereford, TX, 79045
$123,659 ARV
Off Market
2 Beds
1 Bath
1,110 Sq Ft
$103.6 / sqftProperty Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Half 1AppliancesGas Water Heater
Exterior
Lot Size7,000 sqft
Land Information
APN1198
Lot Number15,16
Land UseResidential
Legal DescriptionEVANTS BLOCK 8 PARKVIEW LOT 15 - 16 (E56')
Census Tract950400
Assessed Land Value$7,000
Assessed Improvement Value$80,300
Assessment Year2024
About this property
Looking for a great starter home at an affordable home off Park Ave? This home may be converted to commercial for business purposes. The home has a fairly new roof and HVAC as well. The home has two bedrooms and one bath. Let's get this home in your hands just in time for the holidays!!
Investor Tools
$118,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$123,659
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$640
$87,300
2024
$7,000
$80,300
$87,300
No
Tax History
Year
Tax Paid
Assessed Value
2022
$640
$87,300
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
100%
0%
$0/mo
12.4%