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$240,000

1205 Oregano Ln, Ponder, TX, 76259

$263,716 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$133.93 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal

Exterior

Lot Size1.04 acres

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APNR205326
Lot Number17
SubdivisionCinnamon Ridge Addn Ph Ii
Land UseResidential
Legal DescriptionCINNAMON RIDGE ADDN PH II BLK 5 LOT 17 SN#1 DSETX00171A HUD# TEX0491160
Census Tract020313
Assessed Land Value$102,128
Assessed Improvement Value$131,813
Assessment Year2025

About this property

Welcome to this captivating farmhouse-style double wide home, nestled in the picturesque town of Ponder. Step inside to discover two inviting living rooms, beautifully adorned with farmhouse decor, providing ample room for relaxation and hosting gatherings with loved ones. The rustic elements create a warm and cozy ambiance, making every moment spent here truly special. The large back porch beckons you to embrace the beauty of nature, offering a serene oasis for your daily retreats. Nestled on a sprawling 1-acre lot adorned with mature trees, this home offers a tranquil and spacious living environment. The fully fenced yard ensures privacy and security, creating a safe haven for your family and pets to enjoy. Parking is a breeze with the convenient 2-car carport. Whether you're seeking a place to call home or a tranquil farmhouse getaway, this charming property in Ponder is an opportunity not to be missed. Embrace the serenity and rustic elegance it offers, and make it yours today.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$232,750Estimated Mortgage Balance
$38,927Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$263,716
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,126
$233,941
2025
$102,128
$131,813
$233,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,126
$233,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$232,750
No
First
Aug 24, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,073
$38,927
14%
85%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,396/mo
+$694/mo
9.6%

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: Ponder

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1205 Oregano Ln | Property Details | No Agent List