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$125,000

151 Oak Dr, McQueeney, TX, 78123

$162,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,842 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$67.86 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Oven
FlooringCarpet, Laminate, Linoleum

Exterior

Exterior FeaturesNone
Lot Size15,246 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces3

Land Information

APN1G-1730-3000-23200-000
Lot Number233
SubdivisionLake Mc Queeney Estates #3
Land UseResidential
Legal DescriptionLOT: 233 LAKE MCQUEENEY ESTATES #3 0.3500AC MH=TEX0084777/778
Census Tract210606
Assessed Land Value$49,895
Assessed Improvement Value$70,046
Assessment Year2025

About this property

Property offers a great opportunity for an investor, renovator, or buyer looking to create their own vision in the desirable Lake McQueeney area. Home is being sold in its present condition and will need updating and repairs, so please set buyer expectations accordingly. The real value here is the potential: approximately 0.35 acres with water access and plenty of room to improve, renovate, or reimagine the property. No direct water view, but buyers can enjoy the benefits of nearby water access without paying the premium typically associated with waterfront property. Property is located within the 500-year floodplain. Seller welcomes serious offers and encourages buyers to consider the long-term potential of this unique McQueeney property. Buyer and buyer’s agent to independently verify all measurements, restrictions, flood information, water access rights, and other property details.

Investor Tools

$40,022Estimated Mortgage Balance
$142,978Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

Interested in this property?

Chris Davis

Century 21 Randall Morris & As

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$290
$112,978
2025
$49,895
$70,046
$119,941
No

Tax History

Year
Tax Paid
Assessed Value
2025
$290
$112,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barbara York
Seller Carryback / Seller Financing / Seller Take-Back
$73,000
No
First
Oct 31, 2008
Nov 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,022
$142,978
78%
22%
$438/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$438/mo
+$1,193/mo
10.7%

City: McQueeney

151 Oak Dr | Property Details | No Agent List