$349,000
417 N Mesa St, Marfa, TX, 79843
On Market
Just Added
About this property
In the desirable Mitchell Addition on Marfa's northeast side, this 1940's stucco home is an excellent value. A true vintage, ranch-style home, situated on a corner lot covering almost 1/4 acre. The rectilinear floorplan hosts the 2 bedrooms and 2 full baths on the north end, with the spacious dining, living, kitchen and den on the south. Original wood floors and windows are found throughout the original part of the home and are complimented by the period cabinetry and baths. A converted garage now offers a large utility room and den/studio.
Investor Tools
$0Estimated Mortgage Balance
$407,735Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%
