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$274,000

NAL Estimated Property Value

705 W Garza St, Slaton, TX, 79364

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,100 Sq Ft
price_per_sqft$75.77 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Electric Cooktop, Microwave
FlooringConcrete, Hardwood, Laminate

Exterior

Lot Size13,440 sqft

Building Information

Year Built1935
Roof Type114
Garage Spaces1

Land Information

APNR124430
Lot Number60
SubdivisionOriginal Town Slaton
Land UseResidential
Legal DescriptionORIG T WEST PK SLATON BLK 154 L 6 & E46'OF L 5
Census Tract010601
Assessed Land Value$2,880
Assessed Improvement Value$224,131
Assessment Year2025

About this property

Located across the street from SLaton City Park, this home is rich in it's history. Built in the 1930's, this 4 bed, 2 bath house, with a double efficiency on the property, has served as a landmark amongst Slatonites for years. Once home to the only doctor in SLaton, many families here can trace memories back to this property which include some pretty amazing and comical stories. Original hardwood floors throughout the home has helped preserve the beauty and charm. Built with insulated brick from Sunray, Tx and covered in 1in thick plaster, the house has great natural energy efficiency. Don't forget the basement for storage and can also be used as a storm shelter. Many updates including electrical, plumbing, roof, and gas lines have been done in recent years. Come check out this piece of history today! (Ask your agent for the letter from the seller regarding this home's history)

Investor Tools

Property Icon
$274,000
Estimated Property Value
$218,662Estimated Mortgage Balance
$55,338Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,171
$227,011
2025
$2,880
$224,131
$227,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,171
$227,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Of Commerce
Fha
$228,288
Yes
First
Mar 28, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,662
$55,338
20%
80%
$1,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,421/mo
+$39/mo
6.4%

City: Slaton

705 W Garza St | Property Details | No Agent List