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$121,640

NAL Estimated Property Value

508 S 7th Street, Lamesa, TX, 79331

$158,132 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,768 Sq Ft
price_per_sqft$43.35 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size7,013 sqft

Building Information

Year Built1999
Garage Spaces1

Land Information

APN3273
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 14 LEE ADDN
Census Tract950500
Assessed Land Value$1,400
Assessed Improvement Value$178,720
Assessment Year2025

About this property

This is a unique Lamesa home. Most of the house has been nicely updated. All major rooms have beautiful unique ceilings. The flooring tile is beautiful and the decor is nicely done.The main bedroom is huge and it has a great bathroom, with individual tub, shower and double sinks. The wood is a warm accent and all is very stylish.There is also a very large walk-in closet in the main bedroom. There is a large individual utility with a sink. Behind the home is a detached garage and storage with a concrete floor and a covered concrete pad good for entertaining and barbeques. An extra lot is included with the property. This one will sell "as is" . Don't miss this jewel on the south side of town!

Investor Tools

Property Icon
$121,640
Estimated Property Value
$0Estimated Mortgage Balance
$121,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$158,132
Rent-to-Value Ratio: 0.72%
Rent Estimate
$730 /month
Positive
Cash Flow Estimate:
$243 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,391
$121,640
2025
$1,400
$178,720
$180,120
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,391
$121,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$121,640
100%
0%
$0/mo

City: Lamesa

508 S 7th Street | Property Details | No Agent List