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$583,000

1595 County Road 131, Rising Star, TX, 76471

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,728 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$337.38 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Oven, Electric Range
FlooringWood

Building Information

Year Built2023

Land Information

APN80805
Land UseMobile Home
Legal DescriptionA00608 LAMPASAS CO. SCH. LAND, IMPROVEMENT ONLY LABEL# NTA2174788, HUD#2 NTA2174789; SN1 125000HA013374A; SN2
Census Tract950200
Assessed Improvement Value$106,590
Assessment Year2025

About this property

29.8 acres consisting of 2 tracts (Tract 8 with home and barn, Tract 7 with grass). New manufactured home, 3 bd, 2 bth, office area, open concept, modern amenities. Horse barn with 4 runs, 2 containers for tack & feed. Holding pens for cattle and roping arena. The natural ground for the entire 29 acres is excellent for riding and vegetation. Excess plowed ground for riding and exercising horses. Water wells on each tract and has irrigation system not in use. Property can be sold in combinations of both tracts or separated. Tract 8 is 13 acres, Tract 7 is 16.8 acres. One hour to Abilene, Stephenville, Circle T in Hamilton. Hour and half to Fort Worth.

Investor Tools

Property Icon
$577,000
Estimated Property Value
$0Estimated Mortgage Balance
$577,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

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Danny Armstrong

ARMSTRONG REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$736
$106,590
2025
N/A
$106,590
$106,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$736
$106,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$583,000
100%
0%
$0/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.

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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: Rising Star

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1595 County Road 131 | Property Details | No Agent List