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$301,000

NAL Estimated Property Value

624 E Lumpkin Street, Meridian, TX, 76665

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,240 Sq Ft
price_per_sqft$120.56 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size8,276 sqft

Building Information

Year Built1935

Land Information

APNR23808
Land UseResidential
Legal DescriptionMERIDIAN OT/ A454 A650 A440 & A450 BLOCK 102(S/MID PT)
Census Tract950200
Assessed Land Value$8,485
Assessed Improvement Value$150,895
Assessment Year2025

About this property

Newly remodeled home in this cute property with old time charm. Move in ready. Three Bedroom and two full bathrooms. Primary bedroom with ensuite. 10' ceilings. Laminate flooring in living room and separate dining room. Tile flooring in kitchen and bathrooms. Carpeting in bedrooms. Can lighting in the kitchen. Tile counter tops in kitchen and baths. Solid wood cabinets. Large outbuilding with electricity offers extra storage, shop area, personal gym, craft room, mancave. Possible owner financing. Priced to sell so come take a look!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$145,101Estimated Mortgage Balance
$155,899Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,764
$159,380
2025
$8,485
$150,895
$159,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,764
$159,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$145,985
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,101
$155,899
51%
48%
$920/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Meridian

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624 E Lumpkin Street | Property Details | No Agent List