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$98,000

NAL Estimated Property Value

605 E 12th St, Big Spring, TX, 79720

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,164 Sq Ft
price_per_sqft$67.87 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Water Heater, None
FlooringTile, Hardwood

Exterior

Lot Size7,013 sqft

Building Information

Year Built1945

Land Information

APN278821
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BK 2 COLE & STRAYHORN 50X115 50 X25 HOUSE 860 SQ FT (REAR OF PROPERTY) 2006 COMBINE ACTS B2880002000 & 2100 166 167
Census Tract950500
Assessed Land Value$5,786
Assessed Improvement Value$52,445
Assessment Year2025

About this property

Investors, flippers and savvy buyers!! This 2 bedroom 1 bathroom home offers a rare opportunity to take over a project that's already underway. Updates have been started, and now it's ready for the right buyer to bring it across the finish line. Bonus: additional home located behind the main home. Perfect for rental income. Both units have 1 bed, 1 bath, and a kitchen.

Investor Tools

Property Icon
$98,000
Estimated Property Value
$0Estimated Mortgage Balance
$98,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$588 /month
Positive
Cash Flow Estimate:
$196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,135
$58,231
2025
$5,786
$52,445
$58,231
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,135
$58,231

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$78,000
100%
0%
$0/mo

City: Big Spring

605 E 12th St | Property Details | No Agent List