$219,000
NAL Estimated Property Value1229 Main Ave, Lincoln, TX, 78948
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl
Exterior
Lot Size29,185 sqft
Building Information
Year Built2016
Land Information
APN18540
Lot Number14-20
Land UseResidential
Legal DescriptionLINCOLN, BLOCK 17, LOT 14 THRU 20, ACRES .67, MH LABEL# HWC0443843, SN# CSS017055TXA
Census Tract000200
Assessed Land Value$74,780
Assessed Improvement Value$105,490
Assessment Year2025
About this property
Beautiful manufactured home features three bedrooms, two bathrooms, living and dining room areas, this lovely home is located on approximately 0.67 acres in the tranquil community of Lincoln, Texas. Open concept floor plan with a kitchen island, master bedroom is separate from spare bedrooms. Two car detached carport, and storage buildings included. Beautiful mature trees adorn the property. Don't miss this opportunity!
Investor Tools
$219,000
Estimated Property Value
$164,450Estimated Mortgage Balance
$54,550Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,361
$180,270
2025
$74,780
$105,490
$180,270
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,361
$180,270
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Atlantic Bay Mortgage Group Llc
Conventional
$181,818
No
First
May 12, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,450
$53,550
24%
75%
$1,091/mo
