$256,000
NAL Estimated Property Value720 S Butler St, Karnes City, TX, 78118
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Range, Cooktop, Disposal
FlooringCeramic Tile
Exterior
Lot Size8,124 sqft
Land Information
APN105852
Lot Number12
Land UseCommercial
Legal DescriptionBUCHEL- KARNES CITY LOT 12 BLK 16 WITTE SUBD (202500000889) (202200003645)
Census Tract970200
Assessed Land Value$5,525
Assessed Improvement Value$205,911
Assessment Year2025
About this property
"MOTIVATED SELLER" Loads of charm, upgrades, and convenience. Great corner lot, this 2 year old home looks as new as the first day. Close to city park & schools. Upgraded solar screens remain. The large backyard and private backyard patio makes for great entertaining. Remainder of the builder's 10 year warranty is transferable to new owner.
Investor Tools
$256,000
Estimated Property Value
$245,597Estimated Mortgage Balance
$10,403Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,920
$211,436
2025
$5,525
$205,911
$211,436
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,920
$211,436
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Fha
$250,381
Yes
First
Apr 9, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,597
$10,403
4%
96%
$1,502/mo
