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$138,000

111 Ivy Lane, Roanoke, TX, 76262

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,118 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$123.43 / sqft
Year BuiltBuilt in 1986

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDisposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size4,996 sqft

Land Information

APNR70259
Lot Number3
SubdivisionMarshall Creek
Land UseCommercial
Legal DescriptionMARSHALL CREEK BLK H LOT 3(E1/2)
Census Tract020322
Assessed Land Value$95,000
Assessment Year2025

About this property

Welcome home to this 2-bedroom, 2-bath manufactured home offering 1,118 square feet of comfortable, open-concept living in a quiet, established neighborhood. Thoughtfully enhanced with added living space, insulation and exterior siding, this home combines charm, functionality, and value. Step onto the inviting covered 10' x 10' front porch with attractive decking—the perfect spot to enjoy your morning coffee or unwind in the evening. Inside, the open floor plan provides a bright and welcoming atmosphere, while the bonus room offers incredible flexibility as a home office, playroom, hobby space, or could easily be converted into a third bedroom. Central heating and air conditioning provide year-round comfort. Outside, you'll appreciate the oversized concrete parking area, a wood privacy fence along the back of the property, and a storage building that matches the home's exterior siding for a cohesive look. Additional decking extends from the back porch to the storage building, creating even more outdoor living space for entertaining, relaxing, or enjoying the spacious yard. Conveniently located to Walmart, restaurants, and everyday shopping, this home also offers quick access to major highways, making commuting a breeze. Enjoy being just minutes from Tanger Outlet Mall, Texas Motor Speedway, Southlake, and other popular destinations. Located within the highly regarded Northwest ISD, this property is an excellent opportunity for a first-time homebuyer or an investor seeking a desirable rental property. With its inviting curb appeal, cozy front porch, versatile floor plan, generous outdoor living spaces, and unbeatable location, this home is ready for its next owner. Schedule your showing today!

Investor Tools

Property Icon
$912,000
Estimated Property Value
$0Estimated Mortgage Balance
$912,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,472 /month
Positive
Cash Flow Estimate:
$1,824 /month

Interested in this property?

Stephen Hale

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,516
$95,000
2025
$95,000
N/A
$95,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,516
$95,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$912,000
100%
0%
$0/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.

Explore Texas Explore This Area
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: Roanoke

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