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B+
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Days268Days on Market
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$197,500

713 Cherokee Dr, Hereford, TX, 79045

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.39 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2

Exterior

Lot Size9,649 sqft

Building Information

Garage Spaces1

Land Information

APN6340
Lot Number3
Land UseResidential
Legal DescriptionBLUEBONNET UNIT II BLK 6 LOT 3
Census Tract950300
Assessed Land Value$11,760
Assessed Improvement Value$141,310
Assessment Year2024

About this property

Welcome to 713 Cherokee in the heart of Hereford, TX! This charming 4-bedroom, 2-bath home offers a sleek and functional layout filled with natural light. The isolated primary suite features its own private bathroom for comfort and convenience. The attached garage opens to a spacious utility room, adding extra practicality. Step outside to an oversized backyard—perfect for BBQs, gatherings, and fun in the sun. When you're ready to unwind, relax under the backyard pergola and enjoy the shade. A backyard storage building provides the perfect spot for tools, hobbies, or extra storage. This home is ready to welcome its new owners!

Investor Tools

$0Estimated Mortgage Balance
$182,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,185 /month
Positive
Cash Flow Estimate:
$395 /month

Interested in this property?

Madeline Shiflet

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,744
$153,070
2024
$11,760
$141,310
$153,070
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,744
$153,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Hereford

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