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$449,000

153 Carissa Ln, Red Rock, TX, 78662

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$286.35 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size2.15 acres

Building Information

Year Built1995
Stories1

Land Information

APNR58824
Lot Number19
SubdivisionS7463 - Red Rock Acres (Replat)
Land UseResidential
Legal DescriptionRED ROCK ACRES (REPLAT), LOT 19, ACRES 2.148, (MH 28X56, S/N 1PTX2899A/B, L/N TEX0537715/14 )
Census Tract950806
Assessed Land Value$127,608
Assessed Improvement Value$74,766
Assessment Year2025

About this property

2 UNRESTRICTED ACRES | RED ROCK, TX Country living with room to grow! This fully remodeled 3-bed, 2-bath manufactured home sits on approximately 2 unrestricted acres in the heart of Red Rock, just off Hwy 20 with convenient access to Bastrop and the growth happening throughout the area. Inside, enjoy a warm rustic style with wood accent walls, updated flooring, an open living area, and spacious rooms. Outside is where this property really shines—beautiful mature trees, a huge covered front porch, fenced areas, open yard space, and wooded acreage provide plenty of room to enjoy country life. Multiple sheds and additional buildings offer even more possibilities, including a loft-style Mother-in-Law suite already drywalled and plumbed and ready to finish. Unrestricted land + remodeled home + incredible outdoor space + bonus buildings = endless possibilities!

Investor Tools

$55,886Estimated Mortgage Balance
$261,114Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Luke Simon

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$713
$202,374
2025
$127,608
$74,766
$202,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
$713
$202,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sas Sw Properties Ltd
Seller Carryback / Seller Financing / Seller Take-Back
$83,900
No
First
Apr 24, 2012
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,886
$261,114
82%
18%
$504/mo

City: Red Rock

153 Carissa Ln | Property Details | No Agent List