$246,000
NAL Estimated Property Value612 W Main Street, Crowley, TX, 76036
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Range, Plumbed For Ice Maker
FlooringLaminate, Other
Exterior
Exterior FeaturesStorage
Lot Size22,782 sqft
Building Information
Year Built1969
Stories1
Garage Spaces2
Land Information
APNA 287-4A02
SubdivisionClick, John Survey
Land UseResidential
Legal DescriptionCLICK, JOHN SURVEY ABSTRACT 287 TRACT 4A02
Census Tract111021
Assessed Land Value$63,282
Assessed Improvement Value$176,664
Assessment Year2025
About this property
Great family home is ready for new owners in the upcoming city of Crowley. 3 Bed 2 Bath on over half an acre lot, new laminate flooring on the common areas. Building on the back of the property has endless possibilities. Property also has access from the back. So much room for kids to play around, family and friends gatherings, or to put a pool in. Some updates have been done but with room to put your own stamp on. Seller does not have a survey. Buyer and buyers agent to verify all information.
Investor Tools
$246,000
Estimated Property Value
$192,773Estimated Mortgage Balance
$53,227Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,889
$239,946
2025
$63,282
$176,664
$239,946
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,889
$239,946
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$211,500
No
First
Sep 27, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,773
$53,227
21%
78%
$1,269/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,269/mo
+$941/mo
10.8%
