$55,000
1106 S 3rd Street, Lamesa, TX, 79331
$71,500 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size10,498 sqft
Land Information
APN1725
Lot Number9,10
Land UseResidential
Legal DescriptionE/2 OF LOT 9 & ALL OF LOT 10 BLK 10 COLLEGE (1106 & 1108 S 3RD) VACANT PROPERTY
Census Tract950500
Assessed Land Value$2,160
Assessment Year2025
About this property
If your looking for a piece of Lamesa history this is your chance! This would be a great property to fix up and restore or even to use the land for your next house or business! This location is prime location for anything! Grab this up before its gone!
Investor Tools
$0Estimated Mortgage Balance
$14,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$71,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$66
$2,160
2025
$2,160
N/A
$2,160
Yes (2018)
Tax History
Year
Tax Paid
Assessed Value
2022
$66
$2,160
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$14,000
100%
0%
$0/mo
