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$72,500

720 S 11th Street, Slaton, TX, 79364

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.74 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesGas Range
FlooringHardwood, Laminate, Tile

Exterior

Exterior FeaturesNone
Lot Size7,000 sqft

Building Information

Year Built1945

Land Information

APNR49975
Lot Number100
SubdivisionSouth Slaton
Land UseResidential
Legal DescriptionSOUTH SLATON BLK 26 L 10
Census Tract010601
Assessed Land Value$1,500
Assessed Improvement Value$85,917
Assessment Year2025

About this property

Excellent rental opportunity in Slaton, TX! This property has a Front 2/1 house and rear 1/1 back house. The property had several updates prior to tenant, including painting, flooring, and exterior. Currently rented by the same tenant for a total of $1,199 a month. IF you are looking for a property to fit into your portfolio, with easy entry, this is a great fit! Low taxes and instant cashflow make this a lucrative opportunity for any investor. Take a look at this one ASAP

Investor Tools

$16,490Estimated Mortgage Balance
$70,927Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$525 /month
Positive
Cash Flow Estimate:
$175 /month

Interested in this property?

Travis Turner

Brick & Loft Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$663
$87,417
2025
$1,500
$85,917
$87,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$663
$87,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Federal Credit Union
Credit Line (Revolving) / Heloc
$29,000
No
First
Jan 2, 2009
Dec 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,490
$70,927
81%
19%
$174/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,220/mo
$174/mo
+$1,046/mo
16.7%

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: Slaton

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720 S 11th Street | Property Details | No Agent List