Last 24 Hours
$70,000
NAL Estimated Property Value619 Martin Luther ST, Flatonia, TX, 78941
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size21,998 sqft
Land Information
APN25347
Land UseResidential
Legal DescriptionGAR-ZAP (407) BLK K 0.505 NO BLDGS OR M H; FR: ADDIE ANDERPOINT
Census Tract970500
Assessed Land Value$67,750
Assessment Year2025
About this property
Wonderful Opportunity to Build Near Flatonia Schools This beautiful ½ acre lot, conveniently located near Flatonia schools, offers a fantastic opportunity to build your dream home. The R2 zoning allows for a single-family residence, as well as mobile or manufactured homes. The presence of beautiful native trees adds to the appeal, creating a serene and inviting environment. Enjoy convenient access to local amenities and a strong sense of community in this prime location. Buyer will need to obtain a survey.
Investor Tools
$70,000
Estimated Property Value
$0Estimated Mortgage Balance
$70,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,033
$67,750
2025
$67,750
N/A
$67,750
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,033
$67,750
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,000
100%
0%
$0/mo
12.4%