$39,000
1002 Lamar, Thornton, TX, 76687
$50,700 ARV
On Market
Just Added
Property Lead Type:
Deal ListARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size9,680 sqft
Building Information
Year Built1982
Land Information
APNR41054
Land UseResidential
Legal DescriptionRDIV 038-XXXVIII THORNTON FAIRACRES, BLOCK 003, LOT (92X101')
Census Tract970800
Assessed Land Value$2,320
Assessed Improvement Value$96,920
Assessment Year2024
About this property
Discover the potential in Thornton, TX! Situated in a peaceful small-town community with convenient access to nearby Groesbeck and Mexia, this property offers an excellent opportunity for investors and buyers seeking a rewarding renovation project. With a spacious lot, established residential setting, and plenty of room for improvements, this property is ready for its next chapter. Bring your vision and transform this property into something special! Sold as-is.
Investor Tools
$0Estimated Mortgage Balance
$367,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$50,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,174
$99,240
2024
$2,320
$96,920
$99,240
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,174
$99,240
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$367,000
100%
0%
$0/mo
