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$395,000

NAL Estimated Property Value

850 County Road R, Plainview, TX, 79072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.16 / sqft

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Instant Hot Water, Tankless Water Heater

Exterior

Lot Size3.72 acres

Building Information

Garage Spaces2

Land Information

APN15103
Land UseResidential
Legal DescriptionAB 521 BLK JK-2 SEC 10 OUT OF SE/4 3.72 ACRES
Census Tract950600
Assessed Land Value$7,440
Assessed Improvement Value$256,004
Assessment Year2025

About this property

With almost 3-3/4 acres, ample living space, and quite a few upgrades, this is the one you've been looking for! There are two living areas, and space that could be an office/bonus room. The basement has been partially finished, and is accessible via back porch, or through elevator in the kitchen, and could be used as separate living space. The following improvements were made in 2018: New metal roof (10 yr warranty); foundation repair to front porch (lifetime warranty); new well motor, well house, and tank (well motor is 3 horsepower 3 phase and capable of watering the pasture); new water lines to new tankless water heater with instant hot water; exterior lime wash. Large shop in back does have electricity (230 volt 3 phase). Call and schedule your showing today! 806-241-4523

Investor Tools

Property Icon
$395,000
Estimated Property Value
$171,517Estimated Mortgage Balance
$223,483Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,699
$263,444
2025
$7,440
$256,004
$263,444
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,699
$263,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$190,000
No
First
Apr 5, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,517
$223,483
56%
43%
$1,140/mo

City: Plainview

850 County Road R | Property Details | No Agent List