$15,000
516 N McGee Street, Borger, TX, 79007
On Market
About this property
Great opportunity to build in a convenient in-town location! These five flat residential lots sit just blocks from Main Street in Borger, Texas, offering easy access to schools, parks, shopping, and everyday amenities. The property features city utilities, electricity available, paved road frontage, and an alley along the back for added convenience. Whether you're planning a new home or looking for a residential investment project, this location provides the space, accessibility, and potential you need.
Investor Tools
$0Estimated Mortgage Balance
$15,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$27/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$245
$10,000
2025
$10,000
N/A
$10,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$245
$10,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$15,000
100%
0%
$0/mo
