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$135,000

5807 Walter Rd, Big Spring, TX, 79720

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths1 Bath
Baths1,932 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$69.88 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Range
FlooringCarpet, Laminate

Exterior

Lot Size34,848 sqft

Building Information

Year Built2003

Land Information

APN294838
Land UseResidential Single Family
Legal DescriptionPT SE/4 OF SC 48 BK 32 1N 084.01 BLK/TRACT 321N 0.8 ACRES ACQ 08272021
Census Tract950900
Assessed Land Value$10,000
Assessed Improvement Value$174,390
Assessment Year2025

About this property

Priced to sell! This 4 bedroom 1 bath home sits on a generously sized 1.5669 acre lot and features fenced pastures for horses, Generac generator, and a separate storage building. Numerous updates in 2021 include HVAC, plumbing, electrical, windows, metal roof, and flooring. Schedule a showing today!

Investor Tools

$107,268Estimated Mortgage Balance
$88,732Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

Interested in this property?

Garrett Lamb

Southern Hills Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$388
$184,390
2025
$10,000
$174,390
$184,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$388
$184,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$109,525
No
First
Jun 25, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,268
$88,732
45%
55%
$657/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: Big Spring

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