$214,000
NAL Estimated Property Value515 Martin Luther King St, Denison, TX, 75020
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet
Exterior
Exterior FeaturesRain Gutters
Lot Size7,501 sqft
Building Information
Year Built2018
Land Information
APND002 3223274
Lot Number13
SubdivisionWashington Heights Addn
Land UseResidential
Legal DescriptionWASHINGTON HEIGHTS ADDN, BLOCK 18, LOT 13
Census Tract000501
Assessed Land Value$38,250
Assessed Improvement Value$169,520
Assessment Year2025
About this property
MOVE IN READY or great INVESTMENT PROPERTY! Close to downtown Denison & minutes away from Texoma Regional Hospital, Sports Complex. Built by Scott Moody Homes, LLC in 2018. The Cottage floorplan delivers quality features at an affordable price. Craftsman style w-expansive front porch, open floorplan, tall ceilings & transitional styling flooded w-natural light. The kitchen has stainless steel appliances, granite and spacious pantry. Enjoy the large back yard with mature trees . Here is your Energy efficient & easy to manage home!
Investor Tools
$214,000
Estimated Property Value
$170,555Estimated Mortgage Balance
$43,445Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,942
$207,770
2025
$38,250
$169,520
$207,770
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,942
$207,770
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$142,025
No
First
Jul 7, 2020
Aug 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,555
$43,445
20%
80%
$1,137/mo
