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$140,000

1912 S Wheeler Street, Jasper, TX, 75951

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Single Family ResidenceSingle Family Residence

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size34,064 sqft

Building Information

Garage Spaces2

Land Information

APN000009012801
Land UseResidential
Legal DescriptionAB 9 R CONN TR 64 SEE 99597 FOR COMM BLDG 1239/438; 50% UNDIVIDED INTEREST IN 0.782 ACRES
Census Tract950300
Assessed Land Value$24,170
Assessed Improvement Value$17,483
Assessment Year2025

About this property

Great investment opportunity with Hwy 96 frontage in Jasper, Texas! Situated on approximately 1.5+/- acres, this unique property features a 2 bedroom, 1 bath tiny home in need of repairs, offering excellent potential for renovation, rental income, or a live/work setup. The highlight of the property is the large 40x40 commercial-style metal shop currently operating as an auto/mechanic shop and already producing income. The shop includes an office area and half bath, making it ideal for continued business use or future expansion opportunities. With high visibility highway frontage, ample space, and flexible possibilities for residential, commercial, or investment purposes, this property is perfect for entrepreneurs, mechanics, investors, or anyone seeking a versatile East Texas property with income-producing potential.

Investor Tools

Property Icon
$142,000
Estimated Property Value
$0Estimated Mortgage Balance
$142,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

Interested in this property?

Ashley Jackson-Whitworth

Martindale Real Estate Investments

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$717
$41,653
2025
$24,170
$17,483
$41,653
No

Tax History

Year
Tax Paid
Assessed Value
2025
$717
$41,653

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,000
100%
0%
$0/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.

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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: Jasper

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1912 S Wheeler Street | Property Details | No Agent List