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$252,000

16805 FM 1797, Tatum, TX, 75691

On MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Water Heater

About this property

RARE OPPORTUNITY FOR MULTI-FAMILY LIVING OR RENTAL INCOME Opportunity in Tatum ISD!! Two manufactured homes currently leased. A 2025 doubled wide-4 bedrooms, 2 baths and a 1996 single wide-3 bedrooms, 2 baths situated on over an acre. Both homes have functional floorplans, established tenancy, and convenient location make this a low-maintenance addition to your rental portfolio. Seller is willing to pay $2,000 towards closing.

Investor Tools

$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Regina Echols

Real Estate Marketing

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Financing Details

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

City: Tatum