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$576,000

NAL Estimated Property Value

706 S Baese Road, Elm Mott, TX, 76640

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.81 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Gas Cooktop, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesDog Run
Lot Size28.53 acres

Building Information

Year Built1991
Roof Type105

Land Information

APN500578000008027
SubdivisionMelton E
Land UseResidential
Legal DescriptionMELTON E (A-578) 15.23 AC, MELTON E (A-577) 13.30 AC TOTAL 28.53 AC (A-578) 15.23 AC, MELTON E (A-577) 13.30 AC TOTAL 28.53 A
Census Tract003401
Assessed Land Value$9,080
Assessed Improvement Value$334,580
Assessment Year2025

About this property

Big Price Reduction! Bring the family, pets, horses, cows, R.V, boats, recreational vehicles. Plenty of room for all on this 28 acres. Beautiful 5 bedroom 3 and a half bath 2 story brick home sitting back in the property. Enjoy the open concept kitchen, dining, family room with master bedroom and bath and a second bedroom and bath plus an office all on the first floor. Second floor features 3 large bedrooms and 1 bath. Outside you will enjoy a large deck with room for a hot tub looking out at the back acreage. It is fenced and cross fenced with a nice stock pond and a seasonal creek that runs very close to the back property line. Front field yields hay. Sellers have had horses, cows, and goats on this property. There's a small building with 2 stalls and room for tack, tools, mower, etc. Roof is fairly new, all new windows, new exterior doors, New rain gutters, and new water line. Just a few miles from I 35 gives you a short 15 minutes to Waco, West, and just over an hour to Ft.Worth.

Investor Tools

Property Icon
$576,000
Estimated Property Value
$1,132,545Estimated Mortgage Balance
$576,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,735
$343,660
2025
$9,080
$334,580
$492,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,735
$343,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Unknown
$605,000
No
First
Dec 19, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,132,545
N/A
0%
197%
$7,256/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$7,256/mo
$-5,902/mo
2.8%

City: Elm Mott

706 S Baese Road | Property Details | No Agent List