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$109,000

1023 Van Horn St, Iowa Park, TX, 76367

$141,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,535 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$71.01 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size9,448 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces1

Land Information

APN6A30 240 00
Lot Number18
SubdivisionRedin Heights
Land UseResidential
Legal DescriptionLOT 18 BLK 10 REDIN HEIGHTS
Census Tract013600
Assessed Land Value$16,000
Assessed Improvement Value$150,947
Assessment Year2026

About this property

Discover the potential of this property located at 1023 Van Horn Street in Iowa Park, Texas! Situated in an established neighborhood, this home offers a great opportunity for buyers looking to make a space their own. Whether you're searching for your next investment property or a home to personalize, this property provides a blank canvas for your vision. Conveniently located near local schools, shopping, dining, and everyday amenities, you'll enjoy the charm of small-town living with access to nearby Wichita Falls. Property is being sold as-is. Bring your ideas and explore the possibilities this property has to offer! This property is subject to a 30-day First Look Period set by HUD. During this time, the seller will only consider offers from owner-occupants, public entities, and designated non-profit organizations. Investor offers will be considered starting on November 29, 2026

Investor Tools

$77,970Estimated Mortgage Balance
$116,030Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$141,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

Interested in this property?

Meredith Taylor

Panther City Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,208
$166,947
2026
$16,000
$150,947
$166,947
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,208
$166,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Reverse Mortgage / Hecm
$126,000
No
First
Dec 28, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,970
$116,030
59%
40%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$756/mo
+$834/mo
9.8%

City: Iowa Park

1023 Van Horn St | Property Details | No Agent List