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$120,064

NAL Estimated Property Value

195 E Chance Rd, Lumberton, TX, 77657

$148,013 ARVInfo
SoldInfo
6/24/26
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$69.29 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
CoolingCooling
FlooringVinyl

Exterior

Lot Size21,388 sqft

Building Information

Year Built1963
Stories1
Garage Spaces1

Land Information

APN013000-001400
Lot Number60
SubdivisionNot Bumstead
Land UseResidential
Legal DescriptionS13000 NOT BUMSTEAD, LOT 60, ACRES .491
Census Tract030501
Assessed Land Value$31,915
Assessed Improvement Value$88,149
Assessment Year2025

About this property

Opportunity awaits at 195 East Chance! Situated on approximately 0.49 of an acre and serviced by city utilities, this spacious 3-bedroom,2-bath home offers great potential for investors or buyers. The property features a large open kitchen, generous living space, and a 1-carattached garage. Located in the desirable Lumberton School District, this home is a true fixer-upper. Property is being sold as-is; seller will not make any repairs. Shown by appointment.

Investor Tools

Property Icon
$120,064
Estimated Property Value
$20,366Estimated Mortgage Balance
$99,698Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$148,013
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,075
$120,064
2025
$31,915
$88,149
$120,064
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,075
$120,064

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neches Fcu
Unknown
$36,000
No
First
Jan 9, 2009
Jan 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,366
$99,698
83%
17%
$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: Lumberton

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195 E Chance Rd | Property Details | No Agent List