$259,000
NAL Estimated Property Value606 S Summer St, Marfa, TX, 79843
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size16,858 sqft
Land Information
APN131000000850006000100
Lot Number6
Land UseResidential
Legal Description85, MARFA N/2 OF LOT 6 TO 10
Census Tract950100
Assessed Land Value$68,500
Assessed Improvement Value$52,110
Assessment Year2025
About this property
Located on a large parcel comprising 1/2 of five lots, this 2015 build has high ceilings, tiled floors with a deep front porch facing west with fabulous sunsets. The property stretches from S Summer St to S Hill St. on a dead end portion of Summer so low traffic. There is a washer/dryer in the bathroom with a large tiled shower. Plenty of room to expand on the eastern lots, or build a new structure. The rooms are large so feels larger, very easy to maintain.
Investor Tools
$259,000
Estimated Property Value
$274,367Estimated Mortgage Balance
$259,000Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,357
$120,610
2025
$68,500
$52,110
$120,610
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,357
$120,610
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$293,910
No
First
Sep 21, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,367
$9,633
3%
106%
$1,763/mo
