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$235,000

514 Florence St Fl Orence, Kerrville, TX, 78028

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,202 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.51 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,734 sqft

Building Information

Garage Spaces2

Land Information

APN40631
Lot Number3,4
SubdivisionWestland
Land UseResidential
Legal DescriptionWESTLAND BLK 26 LOT 3 PT, 4 PT
Census Tract960500
Assessed Land Value$40,000
Assessed Improvement Value$159,105
Assessment Year2025

About this property

Great opportunity in Kerrville! This 2-bedroom, 1.5-bath home offers 1,202 sq. ft. with several important updates already completed, including a beautifully remodeled bathroom, a newer roof, and foundation leveling. The home offers plenty of potential for a buyer ready to add their own finishing touches and make it their own. Conveniently located and full of possibilities-come see what 514 Florence has to offer!

Investor Tools

$182,546Estimated Mortgage Balance
$99,454Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

Interested in this property?

Tomaline Johnson

JB Goodwin, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$771
$199,105
2025
$40,000
$159,105
$199,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$771
$199,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stonewood Home Lending Llc
Conventional
$189,045
No
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,546
$99,454
35%
65%
$1,134/mo

City: Kerrville