$70,000
908 S Dressen Street, Spearman, TX, 79081
$91,000 ARV
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater
Exterior
Lot Size8,398 sqft
Land Information
APN4251
Land UseResidential
Legal Description011 - 012 BLK 20 REAVES REAVES S/10 11
Census Tract950300
Assessed Land Value$2,400
Assessed Improvement Value$60,871
Assessment Year2024
About this property
Cute 3 bedroom house with attached carport. partial brick with metal roof. Fireplace. Corner Lot. Rented for 6 months. Would sell as a tenant dwelling property.
Investor Tools
$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$91,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,200
$63,271
2024
$2,400
$60,871
$63,271
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,200
$63,271
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo
