Potential Profit$121,001
This property is available as a fixer upper at Terrace Cir. This property features 3 bedrooms and 3 bathrooms, perfect for investment and/or your personal residence. With 2,220 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Lamesa, specifically for Terrace Cir and comparable listings. Based on this expert analysis, the estimated market value is $135,000. This has potential equity of $121,001. If purchased for rental purposes, the monthly rental rate could range between $940 and $1,141, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $121,001. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Terrace Cir are updated daily along with others in Lamesa, Texas, ensuring you have the most current and accurate information.
There are 4 schools in the area. Nearby schools include Lamesa High School and Lamesa Middle School.
There are plenty of activities near this property like Lamesa Public Library, Lamesa Community Center, and more.
Public transportation options include: City of Lamesa offers a local bus service for easier commuting., Regional transit services connect to nearby towns and cities.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Lamesa City Park, Tumbleweed Park and more.
Services available in the area include cellular and internet options.
This property in Lamesa, TX is located in the Park Terrace Add Subdivision.
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The estimated rental value for Terrace Cir located in Lamesa, TX is $1,072/month. Comparable homes around Terrace Cir that are rentals have monthly ranges starting as low as $940 per month and as high as $1,141 per month. An owner looking to use this property as an investment could bring a return in the area of $940 - $1,141 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.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 08/21/25 | Fixer Upper | ||
| 03/11/25 | 04/01/25 | Preforeclosure |
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