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$334,000

200 Baggs Trl, Mathis, TX, 78368

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$248.51 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Range Hood
FlooringVinyl

Exterior

Exterior FeaturesDeck, Storage
Lot Size7.48 acres

Building Information

Year Built1985

Land Information

APN8000-0024-0065-00
Land UseResidential
Legal DescriptionABST 24 E J MCGLOIN (MATHIS TOWN & LAND) 1984 14 X 80 LANCERHUD # TXS0619333
Census Tract950400
Assessed Land Value$52,080
Assessed Improvement Value$122,400
Assessment Year2025

About this property

VA Assumable Loan Available! Unlock incredible value with this rare 7.48-acre property offering endless possibilities for homeowners, investors, or anyone looking to create a multi-home estate. With three potential homesites, this property is ideal for the visionary buyer seeking space, flexibility, and income potential. The existing homesite is already equipped with utilities and is set up for an RV or manufactured home, while approximately 4 acres of improved land provide an excellent location for another custom home or additional residence. Whether your goal is to live in one home, rent out two, or build your dream home while generating rental income, this property offers the opportunity to make it happen. Additional features include a spacious workshop for hobbies, storage, or projects, and a convenient location just minutes from Lake Corpus Christi and downtown Mathis, providing easy access to boating, fishing, shopping, dining, and schools. Opportunities like this don't come along often. Bring your vision and explore the unlimited potential this unique property has to offer!

Investor Tools

$251,851Estimated Mortgage Balance
$195,000Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

Interested in this property?

Jordan Huber

Phillips & Associates Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$651
$174,480
2025
$52,080
$122,400
$174,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$651
$174,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$258,755
Yes
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,851
$69,149
21%
129%
$1,552/mo

City: Mathis