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$204,940

NAL Estimated Property Value

650 W Minnie Street, Stephenville, TX, 76401

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,250 Sq Ft
DuplexDuplex
price_per_sqft$100 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Range, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate

Building Information

Year Built1971

Land Information

APNR000028791
Lot Number4A
SubdivisionButler Addition
Land UseResidential
Legal DescriptionS2300 BUTLER ADDITION;, BLOCK 4;, LOT 4A
Census Tract950502
Assessed Land Value$40,000
Assessed Improvement Value$164,940
Assessment Year2025

About this property

Steady income producing property. Nice investment at a reasonable price. Brick duplex. Always a waiting list to lease these one bedroom units. Great location for TSU students. Clean, well maintained. One unit has been updated, newer range, frig, removed carpet and replaced with new laminate flooring and new paint throughout. Pays for itself and puts cash in your pocket. Parents, this is great for your college kiddo, they live in one unit and lease the other one to pay for the property! Currently, both units leased. Manage the duplex yourself or let the current management company continue to manage it for you. New roof 2016, new hot water heater 2019.

Investor Tools

Property Icon
$204,940
Estimated Property Value
$109,300Estimated Mortgage Balance
$95,640Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$85/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$204,940
2025
$40,000
$164,940
$204,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$204,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Fha
$120,280
Yes
First
Dec 24, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,300
$95,640
46%
53%
$751/mo

City: Stephenville

650 W Minnie Street | Property Details | No Agent List