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$183,000

162 Pr 5898a, Jewett, TX, 75846

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.08 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size3.59 acres

Building Information

Year Built2009
Garage Spaces2

Land Information

APNR4297
Lot Number39-44
Land UseResidential
Legal DescriptionSANDY BROOK LAKE LIMESTONE, LOT 039 - 044, ACRES 3.59, (PT OF 44 10X17.5 )
Assessed Land Value$54,880
Assessed Improvement Value$30,760
Assessment Year2024

About this property

If you are looking for a weekend getaway or a nice place to build this is the property for you! Located on 3.59 acres is a 2 bedroom-1bath mobile home. Other amenities include a pond, 2 carports, 2 storage buildings, water well, beautiful oak trees and deer. Located just minutes from Lake Limestone and only 2.5 hours from Houston.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$75,600Estimated Mortgage Balance
$115,834Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,259
$85,640
2024
$54,880
$30,760
$85,640
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,259
$85,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Normangee State Bank
Purchase Money Mortgage
$75,600
No
First
Aug 11, 2020
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,166
$114,834
63%
37%
$454/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: Jewett

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162 Pr 5898a | Property Details | No Agent List