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$241,000

NAL Estimated Property Value

121 Fm 147, Marlin, TX, 76661

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths720 Sq Ft
price_per_sqft$361.11 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built1999
Garage Spaces2

Land Information

APN7691101
Land UseResidential
Legal DescriptionA13-67 CHAMBERS-LASERDA 1.0 ACRES
Census Tract000800
Assessed Land Value$14,000
Assessed Improvement Value$78,460
Assessment Year2025

About this property

Rare find in Falls County! This little home has TONS of potential. Its perfectly situated on 15 acres of very usable space. The front porch view is quaint and features a country feel. The back porch is perfect for morning coffee while enjoying the view of two tanks! Consider this a blank canvas.....with some cosmetic updates, this place would really come to life! In addition to the living space, this property includes a large attached workshop. Use it as a workshop OR easily convert it to more living space.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$210,093Estimated Mortgage Balance
$30,907Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,884
$92,460
2025
$14,000
$78,460
$92,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,884
$92,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$222,323
Yes
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,093
$30,907
12%
87%
$1,333/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.

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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: Marlin

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121 Fm 147 | Property Details | No Agent List