$231,000
NAL Estimated Property Value6720 Alma St, Forest Hill, TX, 76140
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringLaminate, Tile
Exterior
Lot Size8,172 sqft
Building Information
Year Built1962
Stories1
Garage Spaces2
Land Information
APN35160-1-12
Lot Number12
SubdivisionRosebud Addition
Land UseResidential
Legal DescriptionROSEBUD ADDITION BLOCK 1 LOT 12
Census Tract111102
Assessed Land Value$24,525
Assessed Improvement Value$172,544
Assessment Year2025
About this property
This homes offers 3 bedroom, 2 baths, 2 car garage plus a 2 cover port, as you walk through the entrance you will notice the open floor plan, it has large yard, home needs some love and it would be a great home. SOLD AS IS, price reflected needs some TLC, NO BLIND OFFERS
Investor Tools
$231,000
Estimated Property Value
$188,398Estimated Mortgage Balance
$42,602Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$763
$197,069
2025
$24,525
$172,544
$197,069
No
Tax History
Year
Tax Paid
Assessed Value
2024
$763
$197,069
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$196,377
Yes
First
Feb 28, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,398
$42,602
18%
82%
$1,178/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,178/mo
+$822/mo
10.4%
