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$399,000

NAL Estimated Property Value

141 Sage Bay Road, Coleman, TX, 79510

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,224 Sq Ft
price_per_sqft$146.13 / sqft

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size23,549 sqft

Building Information

Year Built1966

Land Information

APN19040
Lot Number49
Land UseResidential
Legal DescriptionRANCH OAKS ADDN LAKE COLEMAN, BLOCK 1, LOT 49
Census Tract950600
Assessed Land Value$5,410
Assessed Improvement Value$159,600
Assessment Year2025

About this property

Beautiful lake front property with 450 +- ft on the water and a dock with an enclosed fish house. The fully fenced, 1.6 +- acre property has a variety of fruit, pecan and mesquite trees. Several outbuildings, to include; 10x30 workshop, 10x30 storage shed, 20x30 covered work area, 22x40 RV shelter and a green house. Flower gardens, vegetable garden and a fenced-in dog kennel. The 3 BR-2 BA 2,224 sq ft home boasts a 19x19 self-sufficient master bedroom suite. Two AC systems, two hot water heaters and two septic systems. Wood burning fireplace. On the back of the home there is a 30x15 deck for grilling and entertaining and a 16x12 deck for sitting and enjoying the fantastic lake view and early sunrise.

Investor Tools

Property Icon
$399,000
Estimated Property Value
$297,404Estimated Mortgage Balance
$101,596Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,951
$148,920
2025
$5,410
$159,600
$165,010
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,951
$148,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$322,059
Yes
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,404
$101,596
25%
75%
$1,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,931/mo
$-571/mo
4.1%

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: Coleman

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141 Sage Bay Road | Property Details | No Agent List