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$101,273

NAL Estimated Property Value

702 Shinnery Ln, Brownfield, TX, 79316

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,255 Sq Ft
price_per_sqft$61.35 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
FlooringCarpet, Vinyl

Exterior

Lot Size7,187 sqft

Building Information

Year Built1971

Land Information

APN16512
Lot Number1
Land UseResidential
Legal DescriptionBLK 10 LOT 1 OAK GROVE BLK/TRACT 10 0.165 ACRES
Census Tract950400
Assessed Land Value$3,150
Assessed Improvement Value$98,123
Assessment Year2024

About this property

In a world of location, location, location this is an optimal property! The 1255 square foot home is on a corner lot with a large back yard. Updated windows and carport. Home has been with one family since it was built in 1971. Located exactly one block from BISD schools and baseball field. While updates are needed, its priced accordingly.

Investor Tools

Property Icon
$101,273
Estimated Property Value
$0Estimated Mortgage Balance
$101,273Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$608 /month
Positive
Cash Flow Estimate:
$203 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,891
$101,273
2024
$3,150
$98,123
$101,273
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,891
$101,273

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$101,273
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Brownfield

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702 Shinnery Ln | Property Details | No Agent List