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$249,000

1585 E Central, Lorena, TX, 76655

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.69 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Range, Electric Water Heater, Microwave, Some Electric Appliances, Range
FlooringLaminate

Exterior

Exterior FeaturesCovered Patio, Deck, Storage
Lot Size38,463 sqft

Building Information

Year Built1976

Land Information

APN10280002
Land UseResidential
Legal DescriptionA0021 GOLINDA IGANACIO .883 ACRES
Census Tract000200
Assessed Land Value$27,590
Assessed Improvement Value$102,890
Assessment Year2025

About this property

This Robinson/Chilton ISD home offers country living with room to spread out, all on just under an acre. The inside has been updated and is ready for its next owner to enjoy. - Officially a 3-bedroom, 2-bath home, with a converted garage that offers flexible extra space for a bedroom, game room, office, or extra room. - Both full bathrooms have been completely remodeled for a clean, fresh look. - The kitchen features new appliances and beautiful new quartz countertops. - New windows have been installed throughout the home, bringing in great natural light and added energy efficiency. - Updates also include fresh interior and exterior paint, new flooring, new ceiling fans, and a smart thermostat that can be controlled from an iPhone. - Enjoy a large living room for family time or entertaining, plus a well-kept front yard and a wooded back section that gives the property a true country feel.

Investor Tools

$158,915Estimated Mortgage Balance
$88,085Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Gary Bisha

My Castle Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,511
$130,480
2025
$27,590
$102,890
$130,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,511
$130,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ofn Lending Llc
Purchase Money Mortgage
$165,375
No
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,915
$88,085
35%
64%
$992/mo

City: Lorena

1585 E Central | Property Details | No Agent List