$271,000
NAL Estimated Property Value609 Chad Street, Italy, TX, 76651
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile
Exterior
Lot Size9,757 sqft
Building Information
Year Built2003
Stories1
Roof Type105
Garage Spaces2
Land Information
APN45.4890.001.010.00.107
Lot Number10
SubdivisionHyles Subd
Land UseResidential
Legal DescriptionLOT 10 BLK 1 HYLES SUBD .224 AC
Census Tract061000
Assessed Land Value$50,000
Assessed Improvement Value$170,278
Assessment Year2024
About this property
Enjoy the small town life! Owner Financing available! Lovely 3 bedroom home in the highly sought after Hyles Subdivision. Semi-open floorplan includes new appliances, new paint, and new interior HVAC system. This house is move in ready! If the bank won't give you a loan, no problem. The owner will provide seller financing with at least 10% down payment.
Investor Tools
$271,000
Estimated Property Value
$149,591Estimated Mortgage Balance
$121,409Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,898
$220,278
2024
$50,000
$170,278
$220,278
No
Tax History
Year
Tax Paid
Assessed Value
2023
$3,898
$220,278
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Va
$170,841
Yes
First
Jan 31, 2020
Feb 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,591
$121,409
44%
55%
$1,025/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,025/mo
+$947/mo
8.7%
