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$87,000

NAL Estimated Property Value

724 Moreno St, Mathis, TX, 78368

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,392 Sq Ft
price_per_sqft$75.43 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size7,492 sqft

Land Information

APN0168-0002-0006-000 02
Lot Number6
SubdivisionDimas Addn
Land UseSingle Family Residence
Legal DescriptionDIMAS ADDN BLK 2 LOT 6 UDI ACCT
Census Tract011300
Assessed Land Value$6,825
Assessed Improvement Value$22,301
Assessment Year2025

About this property

Great property one side approximal 700sqft of this duplex is a 2-bedroom 1 bath unit, and the other is a blank canvas. Must see house, GEM. This could be an income producing property. Located at the edge of town, a few minutes from IH 37.

Investor Tools

Property Icon
$87,000
Estimated Property Value
$0Estimated Mortgage Balance
$87,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$60/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$280
$29,126
2025
$6,825
$22,301
$29,126
No

Tax History

Year
Tax Paid
Assessed Value
2023
$280
$29,126

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$87,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Mathis

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724 Moreno St | Property Details | No Agent List