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$140,000

1912 S Wheeler Street, Jasper, TX, 75951

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath

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

$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

City: Jasper