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$144,000

118 Vz County Road 2402, Canton, TX, 75103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$35.71 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built1993

Land Information

APN016.2552.0000.0003.0000
Lot Number3
Land UseResidential
Legal DescriptionACRES: 1.000 BLK LOT: 3 ADDN: MEAGANS VIEW
Census Tract951002
Assessed Land Value$64,000
Assessed Improvement Value$45,540
Assessment Year2025

About this property

Handyman Special on one acre corner lot just outside of town. 3 bedrooms 2 bathrooms and over sized living room. This home needs some repairs to bring back to life. Owner financing available with $10,000 down and $290 per month for 20 years at 10% interest not including taxes and insurance. Agent Owned Property. Buyer to verify schools and measurements.

Investor Tools

Property Icon
$144,000
Estimated Property Value
$0Estimated Mortgage Balance
$144,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$864 /month
Positive
Cash Flow Estimate:
$288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$262
$109,540
2025
$64,000
$45,540
$109,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$262
$109,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
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: Canton

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118 Vz County Road 2402 | Property Details | No Agent List