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$122,000

NAL Estimated Property Value

604 E Morris Street, Madisonville, TX, 77864

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.11 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesGas Oven, Gas Range

Exterior

Lot Size15,682 sqft

Land Information

APNR-0010-000-1970-901
Land UseResidential
Legal DescriptionA0010 JOB S COLLARD TRACT 197 .36 ACRES
Census Tract000400
Assessed Land Value$15,110
Assessed Improvement Value$39,510
Assessment Year2025

About this property

Fixer Upper Frame Home in the Madisonville City Limits offers an Opportunity to Rehab and Hold or Expand your Investment Portfolio. Currently used as a rental home, use your handyman skills to upgrade this property. No HOA. Featuring 1 bedroom and 1 full bath and partial fencing, this home is located near Madisonville schools, retail shopping, restaurants, and medical facilities.

Investor Tools

Property Icon
$122,000
Estimated Property Value
$35,322Estimated Mortgage Balance
$86,678Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$732 /month
Positive
Cash Flow Estimate:
$244 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,119
$54,620
2025
$15,110
$39,510
$54,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,119
$54,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Normangee State Bank
Purchase Money Mortgage
$38,250
No
First
Apr 21, 2022
Apr 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,322
$86,678
71%
29%
$230/mo

City: Madisonville

604 E Morris Street | Property Details | No Agent List