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$963,000

815 N Plateau St, Marfa, TX, 79843

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.01 / sqft
Year BuiltBuilt in 1951

About this property

Named 'Hope House' when it was built in 1951, this prime example of mid-century architecture sits on a double corner lot in NW Marfa. Meticulously maintained, over 3000 SF of space, new diagonally laid wood flooring, an eat in kitchen leads to an open living/dining room and sunroom. 3 bedrooms are tucked at one end with 2 renovated bathrooms. A shaded backyard invites alfresco dining among the lush native vegetation & old growth trees. Adjoining landscaped lot for additional casita.

Investor Tools

$0Estimated Mortgage Balance
$608,298Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,778 /month
Positive
Cash Flow Estimate:
$1,926 /month

Interested in this property?

Kathleen Walstrom

Marfa Realty Properties & Services, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,333/month
No HOA
5.947%

City: Marfa