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$144,900

171 Vz County Road 1602, Grand Saline, TX, 75140

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths850 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$170.47 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet

Exterior

Lot Size1 acre

Land Information

APN046.0594.0060.0001.0000
Land UseResidential Mobile Homes
Legal DescriptionACRES: 1.000 ABST: 594 SUR: J E MOORE
Census Tract950100
Assessed Land Value$41,220
Assessment Year2025

About this property

Adorable 2B-1B home sitting on 1 acre outside of town is the is the perfect find for anyone looking for a starter home, down sizing or even a rental. THIS HOME DOES QUALIFY FOR LENDING - IT'S NOT A TINY HOME THATS NOT TITLED, IT'S A MANUFACTURED LABELED HOME - ALREADY HAD APPRAISAL AND APPRAISED FOR MORE THAN LISTING PRICE. This home has several built-ins to maximize storage and space, open concept, kitchen island, all appliances including refrigerator, dishwasher, electric stove and built in microwave, tall pantry will also convey with the sale, central heat and air, covered front porch, aerobic septic, barely lived in and still looks new, house is completely fenced but the acre runs beyond this fenced so could be moved, currently Hooked to seller's water so new owner will need to purchase a separate water meter. Only deed restrictions will be no junk or abandoned vehicles.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$145,319Estimated Mortgage Balance
$6,780Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$209
$41,220
2025
$41,220
N/A
$41,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$209
$41,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$145,319
No
First
Oct 21, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,442
$6,558
4%
96%
$872/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.

Explore Texas Explore This Area
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: Grand Saline

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171 Vz County Road 1602 | Property Details | No Agent List