$68,000

1,314 Sq. Ft.   Single-Family
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Hazel St
Beaumont, TX 77702

Potential Profit
$89,668

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Status: Active
Listing ID: 61167658
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Learn about Hazel St in Beaumont, TX

This single-family property is available as a foreclosure at Hazel St. Based on our analysis of the current market conditions in Beaumont for Hazel St and comparable listings, the estimated market value is $142,652. The property located at single-family has potential equity of $89,668. If purchased for rental purposes, the monthly rental rate could range between $870 and $1,102. For those interested in resale, the estimated profit from selling is $89,668. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Hazel St are updated daily along with others in Beaumont, Texas. Since this property is a foreclosure, check out our Foreclosure Timeline for Hazel St below to see helpful information about this listing.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Hazel St in Beaumont Texas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Hazel St
View Foreclosure Status
11/16/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $68,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
09/27/23
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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for Hazel St in Beaumont Texas
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Property Information

  • Price: $68,000
  • Living Area Size: 1,314
  • Source ID: Sign in to view
  • Day(s) On Site: Sign in to view
  • Subdivision: AVERILLE ADD
  • Property Type: Single Family Dwelling

Public Records

Community & Neighborhood

This property in Beaumont, TX is located in the Averille Add Subdivision.


Foreclosure

The property located at Hazel St in Beaumont, TX is listed as a Foreclosure

Properties like Hazel St in Beaumont, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Beaumont, TX. The longer lenders own properties like this on Hazel St, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Hazel St located in Beaumont, TX is $970/month. Comparable homes around Hazel St that are rentals have monthly ranges starting as low as $870 per month and as high as $1,102 per month. An owner looking to use this property as an investment could bring a return in the area of $870 - $1,102 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Similar Homes Nearby Beaumont, TX


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Homes On This Street
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Hazel St
Beaumont, TX 77702

1,314 sq. ft.   Single-Family

$68,000

Status: Active Listing ID: 61167658

Property Information

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Public Records

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Property Description

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Listing URL

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