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$177,000

NAL Estimated Property Value

905 Park Lane, Mexia, TX, 76667

$185,640 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.69 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Building Information

Year Built1979
Garage Spaces2

Land Information

APNR16436
Lot Number8
Land UseResidential
Legal DescriptionSOUTH VIEW ADDITION MEXIA, BLOCK C, LOT 008
Census Tract970400
Assessed Land Value$10,780
Assessed Improvement Value$129,300
Assessment Year2024

About this property

Beautiful 3 bedroom 2 bathroom home in a great neighborhood! This home is move in ready and waiting to be yours! As you walk into the home you have 2 living areas or can make one a dining room, brick fireplace, kitchen has built in microwave, dishwasher, oven, refrigerator and everything is staying including the washer and dryer. master bedroom and bath is down stairs as well. Upstairs is 2 bedroom and bath that separates the rooms. Back yard is fenced and covered patio. Come enjoy that patio and make it your own!!! Please give 1 hr notice.Buyers couldn't get financing.

Investor Tools

Property Icon
$177,000
Estimated Property Value
$165,609Estimated Mortgage Balance
$11,391Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$185,640
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,228
$140,080
2024
$10,780
$129,300
$140,080
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,228
$140,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$180,000
Yes
First
Feb 3, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,609
$11,391
6%
94%
$1,080/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mexia

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905 Park Lane | Property Details | No Agent List