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$365,000

616 N 8th St, Wolfforth, TX, 79382

$401,260 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,091 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.08 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Electric Cooktop, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size8,107 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNR307207
Lot Number170
SubdivisionPreston Park
Land UseResidential
Legal DescriptionPRESTON PARK L 17
Census Tract010419
Assessed Land Value$54,000
Assessed Improvement Value$261,268
Assessment Year2025

About this property

Welcome to this beautifully designed 4-bedroom residence, where spacious living and timeless craftsmanship come together effortlessly. Thoughtfully laid out with an open-concept design, this home offers an ideal setting for both comfortable daily living and entertaining, featuring seamless transitions between the living, dining, and kitchen spaces. At the center of the home, the well-appointed kitchen features an oversized island designed for gathering, dining, and everyday functionality, complemented by durable and elegant flooring throughout the main living areas. In addition to the generously sized bedrooms, the home includes a dedicated office and a separate bonus room between two bedrooms, offering versatile space that could be used for a playroom, game room, or work-out space. The expansive primary suite provides a private retreat with ample room to relax and unwind. Blending modern conveniences with a functional and inviting layout, this exceptional property captures the space, comfort, and quality that define West Texas living. To top it off a beautiful park and walking trails are at the end of the block and The Club is within a 1/2 mile.

Investor Tools

$214,547Estimated Mortgage Balance
$156,453Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$401,259
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Lee McClure

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,116
$315,268
2025
$54,000
$261,268
$315,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,116
$315,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Fha
$235,653
Yes
First
Jan 31, 2014
Feb 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,547
$156,453
42%
58%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,703/mo
+$87/mo
5.8%

City: Wolfforth

616 N 8th St | Property Details | No Agent List