$335,000
18416 Herrington Rd, Algoa, TX, 77511
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRefrigerator Included, Electric Oven, Electric Cooktop, Dishwasher
FlooringVinyl
Exterior
Exterior FeaturesSide Yard
Lot Size1.81 acres
Building Information
Year Built2022
Stories1
Land Information
APN1080-0036-0000-035
SubdivisionAlgoa Suburbs Numbered Blks
Land UseResidential
Legal DescriptionABST 602 I & G N RR SUR SEC 15 PT OF BLK 36 (36-0-35) ALGOA SUBURBS 2022 MH CAVCO 14X105 SERIAL# CAV150TX2114917A/B LABEL# PF
Census Tract723401
Assessed Land Value$124,430
Assessed Improvement Value$159,610
Assessment Year2025
About this property
Welcome to peaceful living in Algoa Tx! This manufactured home was built in 2022 and sits on this beautiful 1.8-acre lot waiting on you!! Three bedrooms, two baths with 1470 sq ft of living space. It is fully electric with a new dishwasher and washer and dryer connections. The appliances will stay with the home along with the above ground pool!! This home is on well and septic and the well also has a new tank and motor! Make sure and watch the 3D Tour in the links!
Investor Tools
$149,219Estimated Mortgage Balance
$187,781Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$811
$113,002
2025
$124,430
$159,610
$284,040
No
Tax History
Year
Tax Paid
Assessed Value
2024
$811
$113,002
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Purchase Money Mortgage
$163,715
No
First
Dec 22, 2021
Jul 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,219
$187,781
55%
44%
$982/mo
