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$125,000

138 Carolina St, Lumberton, TX, 77657

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths840 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$148.81 / sqft

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size10,498 sqft

Land Information

APN012950-001000
Lot Number20
SubdivisionLongview Est
Land UseResidential
Legal DescriptionS12950 LONGVIEW EST, LOT 20- LESS E/25, ACRES .241
Census Tract030504
Assessed Land Value$10,500
Assessment Year2025

About this property

This one's worth a look. 138 and 140 Carolina in Lumberton sit together on a single property, giving you two separate mobile homes for the price of one purchase. Each house offers 2 bedrooms, 1 bathroom, a comfortable living area, dedicated laundry space, and a full kitchen, coming in at roughly 900 square feet apiece. Whether you're looking to live in one and rent the other or lease both for immediate cash flow, this setup is built for flexibility. Both addresses share a storage building to store extra belongings or lawn equipment. Being sold as is so bring your vision and your toolbox. Opportunities like this, two solid rental units on one lot, don't come around often. Schedule your showing today with an agent and see the potential for yourself.

Investor Tools

Property Icon
$64,000
Estimated Property Value
$0Estimated Mortgage Balance
$64,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Brock Badger

Brand Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$67
$10,500
2025
$10,500
N/A
$10,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$67
$10,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$64,000
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: Lumberton

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138 Carolina St | Property Details | No Agent List