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$188,000

NAL Estimated Property Value

200 Water Ln, Crowley, TX, 76036

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.28 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringLaminate, Tile

Exterior

Lot Size17,860 sqft

Building Information

Year Built1952
Stories1
Garage Spaces3

Land Information

APNA 287-4N
SubdivisionClick, John Survey
Land UseResidential
Legal DescriptionCLICK, JOHN SURVEY ABSTRACT 287 TRACT 4N
Census Tract111021
Assessed Land Value$58,360
Assessed Improvement Value$51,161
Assessment Year2025

About this property

Back on the market after buyer financing fell through! Rare opportunity to own almost half an acre in Crowley Texas! This home has been completely renovated and is move in ready. Two bedrooms, and one full bathroom, EVERYTHING IS NEW! Including: sidings, roof, NEW AC, water heater, flooring, kitchen cabinets, decorative light fixtures, stone countertops and like-wood flooring throughout! Enjoy the privacy of living on an oversized lot without giving up the any comforts!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$187,900Estimated Mortgage Balance
$100Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34
$109,521
2025
$58,360
$51,161
$109,521
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34
$109,521

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$192,449
Yes
First
Jan 31, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,900
$100
0%
100%
$1,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,154/mo
+$1,056/mo
14.1%

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.

Explore Texas Explore This Area
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: Crowley

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200 Water Ln | Property Details | No Agent List