$50,000
2251 Highway 6, De Leon, TX, 76444
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Water Heater
FlooringCarpet
Exterior
Lot Size1 acre
Building Information
Year Built1950
Land Information
APN71730
Land UseReal Commercial
Legal DescriptionA00462 H. & T.C. R.R. CO. (2 SEC 41), ACRES 1.0
Assessed Land Value$17,550
Assessed Improvement Value$81,700
Assessment Year2026
About this property
Quaint little country church building with lots of possibilities. The chapel has been sitting unused for a number of years, but it is still in usable condition. The building has central air and heat, a single half bathroom and the property includes a 40' Sea-Land storage container. Inside the pews and speaker system are still there and are included. (be aware that this property currently does not have a water source, a well will need to be installed) Priced to sell, call us to see it!!
Investor Tools
$0Estimated Mortgage Balance
$99,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$596 /month
Positive
Cash Flow Estimate:
$199 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,434
$99,250
2026
$17,550
$81,700
$99,250
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,434
$99,250
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$99,250
100%
0%
$0/mo
