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$150,000

188 Private Road 8703, Ben Wheeler, TX, 75754

$195,000 ARVInfo
Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.52 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Electric Range, Refrigerator, Washer

Building Information

Year Built2001

Land Information

APN066.0175.0010.0000.0031
Land UseResidential
Legal DescriptionABST: 175 SUR: CUNNINGHAM
Census Tract950901
Assessed Improvement Value$112,452
Assessment Year2025

About this property

Looking for an investment opportunity when not in use? Then this 1.0 acre tract offers excellent potential and peaceful country living. Nestled among natural surroundings is TWO HOMES. A 1200 sq ft Barndo that is functional in design and very well insulated. Upon entry, you’re welcomed into the living area that flows into the equipped kitchen with a refrigerator, electric range and ample cabinetry. Large laundry room that comes with full size washer and dryer. The primary suite accommodates full-sized furniture and includes two closets, and a private ensuite bathroom. The charming 1BR, 1 BA, TINY HOME provides flexibility for additional guest or rental income. In addition to the 2 homes, the property includes 20X35 work shop. The remaining acreage has been left in its natural state, offering a blank canvas to add another home, electric box already in place. Water well with filtration system. Located 2 miles from downtown Ben Wheeler.

Investor Tools

$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,322
$112,452
2025
N/A
$112,452
$112,452
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,322
$112,452

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,000
100%
0%
$0/mo

City: Ben Wheeler

188 Private Road 8703 | Property Details | No Agent List