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$172,700

NAL Estimated Property Value

6817 Fm 1987, Corrigan, TX, 75939

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$99.93 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.50 acres

Building Information

Year Built1996
Roof Type112
Garage Spaces2

Land Information

APN10092000400
SubdivisionAbst 92 Geo Allbritton Survey
Land UseResidential
Legal DescriptionABST 92 GEO ALLBRITTON SURVEY TRACT 3 SERIAL #1 ALCA1095554S25793A LABEL #1 NTA0507436
Census Tract210401
Assessed Land Value$45,938
Assessed Improvement Value$126,762
Assessment Year2025

About this property

Located just north of Corrigan fronting FM 1987 This home is sitting on 2 1/2 acres. Several large trees around an open 2 1/2 acres. Land is level and and ready for what ever idea one might have such as a shop ect... Drive a big truck? Fronting FM 1987 makes easy on and off. Have animals, here you go. Just want room for the kids to play. You got it. The home itself has a metal roof on the back attached to a large back deck. Out building with a lean too. Inside we find all of what you expect. 3 bedrooms, 2 baths breakfast area, dinning area living room, new flooring and more. This home is move in ready. Well maintained. Easy to see.

Investor Tools

Property Icon
$172,700
Estimated Property Value
$95,669Estimated Mortgage Balance
$77,031Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,036 /month
Positive
Cash Flow Estimate:
$345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$938
$172,700
2025
$45,938
$126,762
$172,700
No

Tax History

Year
Tax Paid
Assessed Value
2022
$938
$172,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K&G Capital Mortgage Llc
Conventional
$103,600
No
First
Apr 13, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,669
$77,031
44%
55%
$622/mo

City: Corrigan

6817 Fm 1987 | Property Details | No Agent List