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$564,000

NAL Estimated Property Value

720 Surrey Lane, Simonton, TX, 77485

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,722 Sq Ft
price_per_sqft$202.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBack Green Space
Lot Size1.55 acres

Building Information

Year Built1980
Stories1
Roof Type127
Garage Spaces2

Land Information

APN1865-03-037-0100-901
Lot Number10
SubdivisionBrazos Valley Sec 3
Land UseResidential
Legal DescriptionBRAZOS VALLEY SEC 3, BLOCK 37, LOT 10, & 18
Census Tract673202
Assessed Land Value$147,497
Assessed Improvement Value$299,176
Assessment Year2025

About this property

Welcome to your new home! This property boasts fantastic curb appeal with beautifully toned brick. The one-story home features three bedrooms, two bathrooms, and an extra living/dining space. The house is situated on 1.5 acres of land in a comfortable neighborhood. It is located near schools, parks, shopping strips, and restaurants. The nearest highway is FM-1093. Don't miss your opportunity to call this home yours!

Investor Tools

Property Icon
$564,000
Estimated Property Value
$272,069Estimated Mortgage Balance
$291,931Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,384 /month
Positive
Cash Flow Estimate:
$1,128 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,178
$446,673
2025
$147,497
$299,176
$446,673
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,178
$446,673

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$304,385
Yes
First
Nov 23, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,069
$291,931
51%
48%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,075/mo
+$151/mo
4.7%

City: Simonton