$1,600
826 Mirike Dr, White Settlement, TX, 76108
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringCarpet, Laminate, Vinyl
Exterior
Lot Size8,381 sqft
Building Information
Year Built1982
Stories1
Garage Spaces1
Land Information
APN25485-20-42
Lot Number42
SubdivisionMeadow Park Addn-Wht Stlment
Land UseResidential
Legal DescriptionMEADOW PARK ADDN-WHT STLMENT BLOCK 20 LOT 42
Census Tract110703
Assessed Land Value$41,915
Assessed Improvement Value$153,715
Assessment Year2025
About this property
Rare opportunity: Features an assumable VA loan with a 4.625% interest rate. The equity gap is low enough that the cash required is about equal to a 10% downpayment. Open to all creditworthy buyers (civilian or military). Charming 2-bedroom, 1-bath home with 1,091 sq ft of living space. Features include a cozy living room with brick fireplace, dining room, and eat-in kitchen. Spacious backyard with storage shed. Great opportunity for homeowners or investors alike!
Investor Tools
$196,023Estimated Mortgage Balance
$22,395Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,581
$195,630
2025
$41,915
$153,715
$195,630
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,581
$195,630
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$210,738
Yes
First
Aug 11, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,023
$26,977
12%
90%
$1,264/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,264/mo
+$192/mo
8.1%
