405 Terrace Circle

405 Terrace Circle in Lamesa, TX was first built in 1951 and is 75 years old. This has been categorized as a property type. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 405 Terrace Circle has 1,862 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,021 square feet.

Learn more about the property and building on this page. For those who need parking, there is a . The garage is 72 sqft. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 405 Terrace Circle sold most recently in Apr 28, 2022 for a total of $168,076. If you work out the math, that's approximately a cost of $56.04 per sqft. Before that, the property was also sold for $130,000 in May 16, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $411,554 in taxes each year. 405 Terrace Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,190. If we break it down further, the land itself was valued at $4,500. Improvements to the property, however, were assessed at a total of $162,690. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.