Last 24 Hours
$70,000
501 S Endicott St, Spearman, TX, 79081
$91,000 ARV
On Market
Just Added
2 Beds
1 Bath
1,372 Sq Ft
Built in 1961Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 1Exterior
Lot Size10,498 sqft
Building Information
Year Built1961
Garage Spaces2
Land Information
APN2812
Land UseResidential
Legal Description001 - 002 BLK 3 OL 28 N/2 2 STEELE
Census Tract950300
Assessed Land Value$3,000
Assessed Improvement Value$47,912
Assessment Year2024
About this property
Unique investment opportunity featuring two separate homes on a corner lot! The front home offers 2 bedrooms, 1 full bathroom, living room, kitchen/dining area, central heat and air, and a detached two-car garage. The second home has seen some updates and features 1 bedroom, 1 full bathroom, living room, kitchen/dining area, wall heat, and window air conditioning. Great potential for investors or buyers seeking multiple living spaces. Explore the possibilities this unique property has to offer!
Investor Tools
$0Estimated Mortgage Balance
$122,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$91,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$732 /month
Positive
Cash Flow Estimate:
$244 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,336
$50,912
2024
$3,000
$47,912
$50,912
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,336
$50,912
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$122,000
100%
0%
$0/mo
12.4%