Last 24 Hours
$127,500
612 Bailey Ave, Dumas, TX, 79029
$165,750 ARV
Pending
3 Beds
2 Bath
1,417 Sq Ft
$89.98 / sqft
Built in 1978Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesRefrigerator
Exterior
Exterior FeaturesBrick
Lot Size8,756 sqft
Building Information
Year Built1978
Garage Spaces2
Land Information
APN11621
Lot Number24
Land UseResidential
Legal DescriptionLOT 24 BLK 21 UNIT 7 BELMONT
Census Tract950202
Assessed Land Value$8,740
Assessed Improvement Value$182,210
Assessment Year2025
About this property
3 BED | 2 BATH | HILLCREST AREA -- Priced approximately $70,000 below Appraisal District value, this property offers an opportunity for those looking for a renovation project. The home has plenty of potential and is ready for someone to bring their vision and improvements to the property.
Investor Tools
$0Estimated Mortgage Balance
$205,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$165,750
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,892
$190,950
2025
$8,740
$182,210
$190,950
No
Tax History
Year
Tax Paid
Assessed Value
2022
$2,892
$190,950
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$205,000
100%
0%
$0/mo
12.4%