$85,000
626 Fetick Ave, Taft, TX, 78390
$110,500 ARV
Pending
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
FlooringOther
Exterior
Exterior FeaturesNone
Lot Size18,731 sqft
Building Information
Year Built1942
Roof Type127
Garage Spaces3
Land Information
APN1853-0004-0006-003
Lot Number6-8
SubdivisionTown Of Taft
Land UseResidential
Legal DescriptionTOWN OF TAFT BLK 4 LOT 6, 7, S/2 LOT 8 (0.43 ACRES)
Census Tract010800
Assessed Land Value$37,500
Assessed Improvement Value$45,737
Assessment Year2025
About this property
Bring back this home to it's former craftsman style glory!! Most of the home has been taken to the studs, so that your imagination can be brought to fruition. Potential for 4 bedroom/2bath plus a sunroom. Seller is motivated and will consider owner finance.
Investor Tools
$41,903Estimated Mortgage Balance
$214,449Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$110,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,823
$83,237
2025
$37,500
$45,737
$83,237
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,823
$83,237
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ernesto Garcia
Seller Carryback / Seller Financing / Seller Take-Back
$66,000
No
First
Jan 16, 2011
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,903
$186,097
81%
16%
$396/mo
