1406 Thompson Drive

1406 Thompson Drive has been categorized by the local assessors in Bay City, TX as a commercial type of property. The building on the property was first built in 1982 and is 42 years old. In addition, 1406 Thompson Drive has 2,712 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 1,300 ft. The area measurement of the land has been determined as 13,068 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,913 in taxes per year. The property on 1406 Thompson Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $125,000. To break that down further, the land itself was valued at $41,560. While improvements to the property were assessed at a total of $83,440. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.