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$40,000

1507 Greenwood St, Memphis, TX, 79245

$47,401 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$41.75 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesOther

Exterior

Exterior FeaturesOther
Lot Size11,195 sqft

Building Information

Year Built1960

Land Information

APN204179
Land UseResidential
Legal DescriptionMEYERS ADDITION, MEMPHIS BLOCK: 1 LOT: 3
Census Tract950500
Assessed Land Value$2,000
Assessed Improvement Value$19,330
Assessment Year2025

About this property

Great opportunity in Memphis, TX! This 2 bed 1 bath hidden gem just needs a little TLC to get it back in great shape. Metal roof. Large lot. Easy access to highway 287. Just a short drive from the large data center construction projects. Make it yours today!

Investor Tools

$0Estimated Mortgage Balance
$54,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$47,401
Rent-to-Value Ratio: 0.72%
Rent Estimate
$324 /month
Positive
Cash Flow Estimate:
$108 /month

Interested in this property?

Jeremias Torres

Lubbock Discount Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$50/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$327
$20,420
2025
$2,000
$19,330
$21,330
No

Tax History

Year
Tax Paid
Assessed Value
2022
$327
$20,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$54,000
100%
0%
$0/mo

City: Memphis

1507 Greenwood St | Property Details | No Agent List