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$365,000

601 Martin Ave, Groom, TX, 79039

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.84 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Refrigerator, Range, Microwave, Dishwasher

Exterior

Lot Size17,380 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN00540-00217-00000-000000
Lot Number7
Land UseResidential
Legal DescriptionS/24 LT H & ALL LT J OF LT 7 BLK 11 KNORPP-GROOM
Census Tract950100
Assessed Land Value$3,480
Assessed Improvement Value$307,830
Assessment Year2025

About this property

**Motivated Sellers willing to contribute $5K in Flex Cash! Small-Town Living with BIG-TIME Extras! This beautifully maintained 4-bedroom, 2.5-bath home offers the space you've been searching for! Inside, you'll love the oversized bedrooms with walk-in closets, dedicated home office, spacious laundry room, cozy breakfast nook, formal dining area, and a bright sunroom that's perfect for relaxing, plants, or hobbies. The finished 2-car garage is wired for a welder, but the real highlight is the incredible 30x50 insulated shop with two 10' overhead doors, a 14' covered carport, plus a 10x20 storage building on concrete. Whether you need room for projects, toys, or a business, this property has it all. Schedule your showing today! **Please see Private Remarks**

Investor Tools

$238,128Estimated Mortgage Balance
$144,102Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

Interested in this property?

Chrystal Casarez

Keller Williams Realty Amarillo

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,427
$311,310
2025
$3,480
$307,830
$311,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,427
$311,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$233,516
Yes
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,128
$146,872
38%
63%
$1,511/mo

City: Groom

601 Martin Ave | Property Details | No Agent List