$131,004 EMV

1.5 Baths   1,337 Sq. Ft.   Single-Family
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Lcr 242
Mexia, TX 76667

Overview

This Single-Family is located at Lcr 242, Mexia, TX 76667. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 1.5 Baths , 1,337 sqft of living space.
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Status: Inactive
Listing ID: 58082472

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Property Information

  • Bathrooms: 1.5
  • Living Area Size: 1,337
  • Year Built: 1997
  • Source ID: 211571990
  • Day(s) On Site: 174
  • Subdivision: PEDRO VARELA SURVEY
  • Parcel Number: R18404
  • Property Type: Single Family Dwelling
  • Owner Name: WILMINGTON SAVINGS FUND SOCIETY FSB
  • Recording Date: 05-11-2022
  • Document Number: 0020221879

Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Parking: CARPORT
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: BRICK VENEER
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 79,715
  • Year Built: 1997
  • APN: R18404
  • Property Type: Single Family Residence
  • Living Sqft: 1,337
  • Garage: CARPORT

Foreclosure

Properties 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. The longer lenders own properties, however, 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 Lcr 242 located in Mexia, TX is $1,121/month. Comparable homes around Lcr 242 that are rentals have monthly ranges starting as low as $1,010 per month and as high as $1,230 per month. An owner looking to use this property as an investment could bring a return in the area of $1,010 - $1,230 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.

Listing History

Start Date End Date Listing Type Bank Name
03/03/22 05/03/22 Preforeclosure FINANCE OF AMERICA REVERSE LLC

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Homes On This Street
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Lcr 242
Mexia, TX 76667

1.5 Baths   1,337 sq. ft.   Single-Family

$131,004 EMV

Status: Inactive Listing ID: 58082472

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lcr-242-Mexia-TX-76667/58082472_lid

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