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$37,500

108 Lcr 636, Groesbeck, TX, 76642

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,144 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$205.42 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Microwave, Refrigerator

Exterior

Lot Size9.40 acres

Land Information

APNR117266
Land UseAgriculture / Farming
Legal DescriptionA437 T P PLASTERS, ACRES 9.4
Census Tract970600
Assessment Year2024

About this property

Country home on approximately 9.4 Acres, located about 4 miles outside of Groesbeck with road frontage on FM 2489 and LCR 636. Property features include a home with attached carport, metal building with covered parking or storage area, shipping container for additional storage, private well with well house, small metal shed, nice sized tank and improved pasture for animals or gardening. Home is a well maintained permanently affixed 2 bedroom and 2 bathroom manufactured home built and installed in 2009. Home had additional insulation when manufactured, a 2-year old roof (30-year composition shingle), all electric, central heat and air, aerobic septic system, open floor plan and more!

Investor Tools

Property Icon
$37,500
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$61/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$545
$37,500
2024
N/A
N/A
$131,680
No

Tax History

Year
Tax Paid
Assessed Value
2022
$545
$37,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Bank
Va
$235,000
Yes
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,296
N/A
0%
622%
$1,409/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Groesbeck

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108 Lcr 636 | Property Details | No Agent List