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$589,000

1719 Watterson Rd, Red Rock, TX, 78662

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,000 Sq Ft
DuplexDuplex
price_per_sqft$196.33 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Half 4Bathrooms Half 4
AppliancesElectric Cooktop
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Land Information

APNM8737036
Land UsePersonal Mobile Home
Legal DescriptionABS A347 WILKERSON, F.,TRACT 5,17.146 ACRES, (MH ONLY 16X76, S/N UNK, L/N UNK) LOCATED ON 8701944
Census Tract950806
Assessed Improvement Value$61,948
Assessment Year2025

About this property

Escape to the beauty of country living while securing a fantastic investment opportunity at 1719 Watterson Rd. This cash-flowing property offers not just a peaceful lifestyle but also an excellent source of passive income. Featuring two well-maintained 3-bedroom, 2-bathroom mobile homes, this property is fully leased with tenants paying $1,500 and $1,450 per month, respectively—ensuring steady rental income from day one. Whether you're an investor looking for a turnkey rental property or a homeowner seeking a residence with built-in income potential, this property delivers. Adding to its financial appeal, the property currently benefits from an agricultural exemption with bees, which helps reduce property taxes—a valuable advantage for the new owner. With Aqua Water Supply and Bluebonnet Electric, this home is well-equipped for comfortable living while maintaining its rustic charm. Set on a peaceful lot surrounded by nature, this property offers the best of tranquil country living without sacrificing convenience. Located just a short drive from Bastrop’s restaurants, shopping, and entertainment, residents enjoy the perfect balance of privacy and accessibility. Whether you're looking to expand your investment portfolio or settle into a serene homestead with rental income, 1719 Watterson Rd is a rare find that won’t last long. Don’t miss out on this incredible opportunity—schedule a showing today!

Investor Tools

$0Estimated Mortgage Balance
$316,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Judah Ross

Venture Partners R.E.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$61,948
2025
N/A
$61,948
$61,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$61,948

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,000
100%
0%
$0/mo

City: Red Rock

1719 Watterson Rd | Property Details | No Agent List