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$259,000

1527 E State Highway 315, Mount Enterprise, TX, 75681

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,024 Sq Ft
price_per_sqft$127.96 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyMust-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator, Electric Water Heater, Electric Range, Electric Oven
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built1996
Garage Spaces2

Land Information

APN54271
SubdivisionL Williams
Land UseResidential
Legal DescriptionAB 43 L WILLIAMS SUR
Census Tract951200
Assessed Land Value$25,000
Assessed Improvement Value$232,330
Assessment Year2024

About this property

Welcome to country living at 1527 E State Highway 315 in Mt. Enterprise, TX! This recently updated 3 bedroom, 2 bath home sits on 1 acre in Mt. Enterprise ISD and offers 2,060 square feet of comfortable living space. Inside, you’ll find a spacious living room, stainless steel appliances, granite countertops, luxury vinyl plank flooring, and an all-electric setup for everyday convenience. Outside, enjoy big country-style front and back porches, a fenced backyard, storage building, metal roof, and a 2-car carport. With room to spread out, modern updates, and classic East Texas charm, this property is ready to welcome you home.

Investor Tools

$220,394Estimated Mortgage Balance
$164,606Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Aaron Glaze

Coldwell Banker Home Place Realty - Henderson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,958
$257,330
2024
$25,000
$232,330
$257,330
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,958
$257,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$223,870
Yes
First
Jul 31, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,394
$164,606
42%
57%
$1,397/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: Mount Enterprise

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1527 E State Highway 315 | Property Details | No Agent List