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$225,000

512 Lenora Drive, Taylor, TX, 76574

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,563 Sq Ft
DuplexDuplex
price_per_sqft$143.95 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer, Some Electric Appliances
FlooringLuxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool
Lot Size6,534 sqft

Building Information

Year Built1980
Stories1

Land Information

APNR-13-1907-0051-90000
Lot Number19
SubdivisionSteger
Land UseResidential
Legal DescriptionSTEGER, BLOCK E, LOT 19
Census Tract021000
Assessed Land Value$78,931
Assessed Improvement Value$121,486
Assessment Year2025

About this property

Turnkey opportunity in a fast-growing area priced close to the 1% rule! Over $50k in recent upgrades, including unit make ready just done, new roof in 2024, HVAC units replaced in 2022 and 2019, and more! Both units are 2-bedroom 1-bathroom with an open layout - great fit for diverse tenant base including families, couples, roommates. Each unit features washer and dryer hookups and private fenced backyard. Units are 100% rent ready and feature fresh paint and fixtures. Refrigerators and washer & dryer set are included in the sale. Both units are vacant, giving the buyer the flexibility to execute their strategy of choice. Most recent lease was $1,175/mo. Owner occupants may qualify to purchase with as little as $10,000 down - contact listing agent for details. Buyer to do due diligence and confirm measurements.

Investor Tools

$212,987Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Maxim Son

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,712
$200,417
2025
$78,931
$121,486
$200,417
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,712
$200,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Housemax Funding Llc
Commercial
$225,000
No
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,987
N/A
0%
106%
$1,349/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Taylor

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512 Lenora Drive | Property Details | No Agent List