$172,000
NAL Estimated Property Value609 N Avenue P, Lamesa, TX, 79331
$221,813 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh EquityVacant Homes
Highlights
Interior
AppliancesFree-Standing Electric Range, Gas Water Heater
FlooringCarpet, Tile
Exterior
Exterior FeaturesStorage
Lot Size13,155 sqft
Building Information
Year Built1950
Land Information
APN5035
Lot Number10,11
Land UseResidential
Legal DescriptionN 44 OF LOT 10 & ALL OF LOT 11 BLK 3 R C POTEET (609 N AVE P)
Census Tract950402
Assessed Land Value$1,050
Assessed Improvement Value$188,650
Assessment Year2025
About this property
Come check out this nice and spacious 4 bed 2 bath 2798 sq ft home located in Lamesa. Living room has tall ceilings and is open to dining area into kitchen. Covered parking and fully fenced with a SHOP! Roof was replaced in 2021, plumbing updated 2010, new sewer line 2010, all new electrical 2010, 2 new HVAC in 2010 and 2 water heaters(one is brand new just connected this summer. Schedule your showing appointment today.
Investor Tools
$172,000
Estimated Property Value
$0Estimated Mortgage Balance
$172,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$221,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,500
$80,910
2025
$1,050
$188,650
$189,700
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,500
$80,910
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo
