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$182,000

NAL Estimated Property Value

1583 & 1673 Deveroe Rd, Marshall, TX, 75672

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
price_per_sqft$161.52 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Water Heater

Building Information

Year Built2005
Garage Spaces1

Land Information

APN00380.00300.02006.000000
Land UseResidential
Legal DescriptionABST: 380 J J KENNEDY MH ONLY MH MAKE: FLEETWOOD HOMES OF TEXAS INC MH MODEL: BEACON HILL MH SERIAL#: TXFL512A46326BH11 MH LA
Census Tract020502
Assessed Improvement Value$109,140
Assessment Year2025

About this property

Investor Special! Exceptional opportunity to acquire a cash-flowing investment property with built-in expansion potential. Situated on 2 acres, this parcel features four mobile homes—all fully rented and generating immediate income. Included in the sale is an additional 2.86 acres, giving buyers nearly 5 acres total—ideal for adding more homes, building new structures, or expanding the current rental operation. Located in a high-demand rental area, this property offers a rare combination of stable cash flow and development upside. Whether you’re a seasoned investor or just starting your portfolio, this property offers tremendous long-term value. Key Features: 4 occupied mobile homes (Two homes are 3 bedroom/2 bathroom, Two homes are 2 bedroom/1 bathroom.) 2 acres developed + 2.86 acres Strong rental history, room to expand and increase income, Utilities in place Total Rent a month around $2800 Don’t miss out on this high-potential investment property. Four Mobile Homes on the property R010098560, R010086686, R010098561, R010093362 all on R000047900 and additional 2.860 acres land only R000015385 (There is a mobile home that is renting the space for $350 a month)

Investor Tools

Property Icon
$182,000
Estimated Property Value
$62,257Estimated Mortgage Balance
$119,743Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$404
$109,140
2025
N/A
$109,140
$109,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$404
$109,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Javier Valle Etux
Commercial
$65,000
No
First
Jan 4, 2024
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,257
$119,743
65%
34%
$390/mo

City: Marshall

1583 & 1673 Deveroe Rd | Property Details | No Agent List