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$274,000

NAL Estimated Property Value

1641 Handy Rd, Diana, TX, 75640

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,782 Sq Ft
price_per_sqft$238.5 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater
FlooringTile, Vinyl, Carpet

Exterior

Lot Size2.23 acres

Building Information

Year Built1984
Garage Spaces2

Land Information

APN36091
Land UseResidential
Legal DescriptionABS A323 MARTIN, ELIJAH,TRACT 13, 2.228 ACRES & HOUSE,HUD# LOU0050472
Census Tract950102
Assessed Land Value$81,050
Assessed Improvement Value$174,650
Assessment Year2025

About this property

Spacious 3-bedroom, 2-bath, 2-car garage home situated on 2.228 acres in desirable Diana ISD! This property offers a large living area with a wood-burning fireplace, formal dining room, and a spacious covered back porch perfect for entertaining or relaxing while enjoying the peaceful country setting. The acreage also includes a 20x40 pole shed and an additional storage building, providing plenty of room for equipment, hobbies, or extra storage. An added bonus is the income-producing mobile home park included with the sale, featuring 5 RV hookups and 2 currently rented mobile homes. One mobile home offers 2 bedrooms and 2 baths with covered front and back porches, while the second features 2 bedrooms and 1 bath, also with covered front and back porches. Conveniently located just off US Hwy 259 and State Hwy 154, this unique property combines comfortable living with excellent investment potential!

Investor Tools

Property Icon
$274,000
Estimated Property Value
$0Estimated Mortgage Balance
$274,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,849
$255,700
2025
$81,050
$174,650
$255,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,849
$255,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,000
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: Diana

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1641 Handy Rd | Property Details | No Agent List