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$171,000

511 N 15th Street, Lamesa, TX, 79331

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.76 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Range Hood, Electric Water Heater, Tankless Water Heater
FlooringCeramic Tile, Carpet, Hardwood, Tile

Exterior

Exterior FeaturesStorage
Lot Size10,498 sqft

Building Information

Year Built1957
Garage Spaces2

Land Information

APN5217
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 19 ROSE ADDN 511 N 15TH
Census Tract950401
Assessed Land Value$5,040
Assessed Improvement Value$118,720
Assessment Year2025

About this property

Wonderful 3 bedroom 2 bath, 1530 sq ft home in Lamesa. This well maintained home shows pride of ownership. Lovely kitchen with new cabinets and countertops, range, dishwasher, gas stove and microwave(all kitchen appliances convey). Original hardwood flooring in all 3 bedrooms. Updated flooring in kitchen and bathrooms. New tankless water heater. Plumbing in both bathrooms has been updated to pvc and new glass shower doors installed, new cabinet in master bath. New front door and garage doors, Roof was updated in 2021 on home and shop. Storage exterior freshly painted. Cinder block 25x40 SHOP with water and electricity connected. Has a toilet, wash sink, brand new furnace(not yet connected), window unit and water evaporator cooler, garage door pullup and a 240 voltage connection. New exterior breaker box. Solar panels that will offer incredibly low monthly utility bills and long-term savings. Solar panels keep utilities low, with an estimated minimum of $35 and max electric bill around $100(solar panels will be paid off at closing). Come check out your new home today!

Investor Tools

$0Estimated Mortgage Balance
$110,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,026 /month
Positive
Cash Flow Estimate:
$342 /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
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,495
$74,350
2025
$5,040
$118,720
$123,760
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,495
$74,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,000
100%
0%
$0/mo

City: Lamesa