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$148,000

NAL Estimated Property Value

507 Wright Ave, Schertz, TX, 78154

$175,816 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths916 Sq Ft
price_per_sqft$163.76 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
FlooringOther

Exterior

Lot Size6,852 sqft

Building Information

Year Built1955
Stories1

Land Information

APN1G-0130-0035-04500-000
Lot Number45
SubdivisionAviation Heights
Land UseResidential
Legal DescriptionLOT: 45 46 BLK: 35 ADDN: AVIATION HEIGHTS
Census Tract210706
Assessed Land Value$29,697
Assessed Improvement Value$69,807
Assessment Year2025

About this property

AS IS SALE! Excellent investor opportunity for those seeking a project with upside. This property offers a great floor plan and solid layout that provides a strong foundation for renovation and customization. With the right vision and improvements, this home has the potential to shine. The property requires significant TLC and is priced accordingly, making it ideal for investors, flippers, or buyers looking to add value through updates and repairs. Functional spaces and a practical design allow for creative enhancements throughout. Conveniently located just minutes from Randolph AFB, with easy access to Universal City, Live Oak, and Selma, offering a central location close to major roadways, shopping, dining, and everyday conveniences. A short commute to surrounding areas adds to the appeal for long term or resale potential.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$86,674Estimated Mortgage Balance
$61,326Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$175,815
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$99,504
2025
$29,697
$69,807
$99,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$99,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alamo Home Source Llc
Unknown
$105,800
No
First
Aug 18, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,674
$61,326
41%
59%
$635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$635/mo
+$985/mo
13.1%

City: Schertz

507 Wright Ave | Property Details | No Agent List