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$169,000

118 W Mahan St, Richwood, TX, 77531

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths5 Bath
Baths1,015 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.5 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
Heating ElectricHeating Electric
CoolingCooling
AppliancesRefrigerator Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size9,108 sqft

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN3200-0193-140
Lot Number1
SubdivisionDavidson Slater Place
Land UseResidential
Legal DescriptionDAVIDSON SLATER PLACE (A0066 J E GROCE TR 105A)(RICHWOOD) BLK 12 LOT 1D
Census Tract663700
Assessed Land Value$27,330
Assessed Improvement Value$115,520
Assessment Year2025

About this property

Absolutely adorable brick home in Richwood! This charming 2-bedroom, 1-bath home is clean, fresh, and move-in ready. Fresh interior paint gives the home a bright, welcoming feel, while major updates provide added peace of mind, including a 2025 A/C, heater, blower, and 2026 water heater! The refrigerator stays, making your move even easier. Outside, you’ll find a storage shed perfect for lawn equipment, tools, or extra storage. Whether you’re a first-time buyer, looking to downsize, or searching for an investment property, this cute and affordable home is one you won’t want to miss. Come see just how adorable 118 W Mahan is!

Investor Tools

$26,926Estimated Mortgage Balance
$174,074Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Dena Pate

Coldwell Banker Ultimate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,485
$142,178
2025
$27,330
$115,520
$142,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,485
$142,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$60,421
Yes
First
Jan 13, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,926
$174,074
86%
13%
$0/mo

City: Richwood