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$168,000

NAL Estimated Property Value

1989 County Road 175, Gary, TX, 75643

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,441 Sq Ft
price_per_sqft$117.97 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Microwave, Gas Water Heater
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built1975
Garage Spaces1

Land Information

APN11749
Land UseResidential
Legal DescriptionAB 597 M STRICKLAND
Census Tract950500
Assessed Land Value$10,660
Assessed Improvement Value$116,270
Assessment Year2025

About this property

This charming 2-bedroom, 1-bath cottage sits on 1 acre in the desirable Gary school district, just minutes from Lake Murvaul. Inside, you’ll find a good-sized living room, dining area, and a kitchen featuring marble countertops and an island with granite. The fenced backyard includes a paver patio with string lights — the perfect spot to relax outdoors — plus two storage buildings for extra space. Located only 2 miles from the nearest Lake Murvaul boat ramp, this property is also 15 miles from Carthage, 20 miles from the new Wild Spring Dunes golf destination coming to Mt. Enterprise, and about 35 miles from Nacogdoches. Enjoy country living with convenient access to Shreveport, Tyler, and Longview (about 1 hour away), or make it your weekend retreat just 2½ hours east of Dallas and north of Houston. Whether you’re looking for a peaceful getaway or a full-time home with character, this cottage is ready for you.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$98,389Estimated Mortgage Balance
$69,611Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$513
$126,930
2025
$10,660
$116,270
$126,930
No

Tax History

Year
Tax Paid
Assessed Value
2022
$513
$126,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$100,000
No
First
Jun 20, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,389
$69,611
41%
59%
$600/mo

City: Gary

1989 County Road 175 | Property Details | No Agent List