$222,340
NAL Estimated Property Value806 SW 24th Street, Mineral Wells, TX, 76067
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringVinyl
Exterior
Lot Size7,579 sqft
Building Information
Garage Spaces1
Land Information
APN154820150
Lot Number5R
SubdivisionLawn Terrace
Land UseResidential
Legal DescriptionLAWN TERRACE BLK 10 LOT 5R G#L0600-00-00100-005-R0-0
Census Tract000402
Assessed Land Value$18,950
Assessed Improvement Value$203,390
Assessment Year2025
About this property
Perfect combination of small town charm and modern amenities! This new home will feature a spacious floor plan with an open living area, stainless steel GE appliances and granite countertops providing a luxurious living experience. Easy access to local attractions and a friendly community, this home is the perfect choice for those looking to live in a vibrant and growing town. Under construction currently. Estimated completion towards the end of November.
Investor Tools
$222,340
Estimated Property Value
$208,560Estimated Mortgage Balance
$13,780Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,855
$222,340
2025
$18,950
$203,390
$222,340
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,855
$222,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Magnolia Bank
Fha
$217,393
Yes
First
Feb 21, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,560
$13,780
6%
94%
$1,304/mo
