$229,000
507 N Merrimac St, Weatherford, TX, 76086
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringVinyl
Exterior
Lot Size10,367 sqft
Building Information
Stories1
Garage Spaces1
Land Information
APN10360-016-001-10
SubdivisionBall First
Land UseResidential
Legal DescriptionACRES: 0.238 LOT: 1R1 BLK: 16 SUBD: BALL FIRST PC E-765
Census Tract140300
Assessed Land Value$50,000
Assessed Improvement Value$139,610
Assessment Year2025
About this property
Investment Opportunity! 3 Bedroom - 1 Bath - 1 Car Garage Home Deep in the Heart of Weatherford. Currently Leased - Tenant Occupied. Vinyl Plank Flooring - Deep Fenced Lot.
Investor Tools
$0Estimated Mortgage Balance
$227,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$189,610
2025
$50,000
$139,610
$189,610
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$189,610
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo
