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$234,000

NAL Estimated Property Value

1385 FM 2348, Mount Pleasant, TX, 75455

$251,444 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,923 Sq Ft
price_per_sqft$124.28 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size9 acres

Building Information

Garage Spaces2

Land Information

APN7458
SubdivisionProctor, John B Abs
Land UseResidential
Legal DescriptionPROCTOR, JOHN B ABS 00446 TR 251 9.0 AC
Census Tract950400
Assessed Land Value$117,657
Assessed Improvement Value$4,178
Assessment Year2025

About this property

Start with 17 choice location acres. Throw in many scattered trees. Add a small lake of over 1 acre. There is a nice deep well to go along with public water supply. The property has been kept cut, very clean and with no livestock. A brick home sets back off the road. There are three bedrooms and two bathrooms. Attached carport is good to park under or a very inviting place to set and visit. The shop has two bays and a carport covered parking area. A barn or tractor shed and several storage buildings are spread about. Deer are seen on a regular basis.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$0Estimated Mortgage Balance
$234,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$251,443
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$410
$121,835
2025
$117,657
$4,178
$121,835
No

Tax History

Year
Tax Paid
Assessed Value
2025
$410
$121,835

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$234,000
100%
0%
$0/mo

City: Mount Pleasant

1385 FM 2348 | Property Details | No Agent List