Last 24 Hours
$255,128
NAL Estimated Property Value901 Melanie Ln, Keene, TX, 76059
Off Market
4 Beds
2 Bath
1,310 Sq Ft
$190.76 / sqft
Built in 1985Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 2AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile
Building Information
Year Built1985
Land Information
APN126.3650.00010
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 MANSFIELD COURT
Census Tract130304
Assessed Land Value$25,000
Assessed Improvement Value$230,128
Assessment Year2025
About this property
Look no further! Here's a corner lot home that offers 4 bedroom and 2 bathrooms in a quiet and established neighborhood here in Keene. New roof was put in end of last year. It has a living room and a family room with a good size dining area. Bedrooms are spacious in size as well. Seller's will at least needed a month lease back if possible. Close to Southwestern University.
Investor Tools
$255,128
Estimated Property Value
$227,920Estimated Mortgage Balance
$27,208Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,531 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,920
$255,128
2025
$25,000
$230,128
$255,128
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,920
$255,128
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$245,471
Yes
First
Jul 22, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,920
$27,208
10%
89%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,472/mo
+$455/mo
9.1%
12.4%