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$253,880

NAL Estimated Property Value

138 County Road 191, Gary City, TX, 75643

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$232.92 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesOutdoor Kitchen

Land Information

APN47720
Lot Number9
Land UseResidential
Legal DescriptionLAMPIN SL #1 LT 9 LAKE MURVAUL
Census Tract950500
Assessed Improvement Value$253,880
Assessment Year2025

About this property

Discover the perfect retreat at this modular home on the serene shores of Lake Murvaul! This beautiful lakefront property not only offers direct access to the water, complete with a private boat lift, but also features a wide range of amenities perfect for relaxation and outdoor living. Enjoy the cozy Guesthouse (or could be 3rd Bdrm) for visiting friends and family, providing them with their own private space. In addition, the property includes a shop, ideal for any DIY enthusiast or hobbyist. For those who work from home, there’s an outdoor office offering lake views to keep you inspired. This versatile property is designed for outdoor enthusiasts, w/an outhouse (half bath) adding a rustic touch to your lakeside living experience. Whether you’re boating, working on projects, or simply soaking up the peaceful environment, this home has it all. Don’t miss the opportunity to own this exceptional lakefront property!

Investor Tools

Property Icon
$253,880
Estimated Property Value
$0Estimated Mortgage Balance
$253,880Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,677 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$776
$253,880
2025
N/A
$253,880
$253,880
No

Tax History

Year
Tax Paid
Assessed Value
2022
$776
$253,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,880
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.

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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: Gary City

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138 County Road 191 | Property Details | No Agent List