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$150,000

118 Private Road 4438, Rhome, TX, 76078

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths924 Sq Ft
Year BuiltBuilt in 1990

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.45 acres

Building Information

Year Built1990
Roof Type112

Land Information

APNA0633.0001.34
Lot Number187
SubdivisionA-633 Mep & Prr
Land UseResidential
Legal DescriptionHILLS OLIVER CREEK UNREC LOT 187 2.4500 ACRES
Census Tract150607
Assessed Land Value$167,176
Assessed Improvement Value$23,506
Assessment Year2025

About this property

Discover the possibilities at 118 PR 4438 in Rhome, TX! This property offers the perfect opportunity to create the home and lifestyle you’ve been dreaming of. With the flexibility to build a custom home or bring a mobile home, this property is ideal for buyers looking for space, freedom, and the opportunity to make their vision a reality. Enjoy the peaceful feel of country living while remaining conveniently located to the surrounding DFW area. Whether you’re ready to build your forever home, looking for a place to bring a mobile home, or searching for a property to hold as an investment, this land offers plenty of potential.Bring your ideas, plans, and vision and make this property your own! Opportunities like this don’t come around often—schedule your showing today and see everything this property has to offer.

Investor Tools

$30,607Estimated Mortgage Balance
$160,075Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,144 /month
Positive
Cash Flow Estimate:
$381 /month

Interested in this property?

Jazzmin Andrade

Elite Real Estate Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,813
$190,682
2025
$167,176
$23,506
$190,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,813
$190,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$38,131
No
First
Mar 24, 2017
Mar 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,607
$160,075
83%
16%
$229/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: Rhome

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