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$92,500

2002 Green Gate Cir E, Palmview, TX, 78572

$120,250 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,024 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$90.33 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

ARV FlipHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,418 sqft

Building Information

Year Built1993
Stories1
Roof Type105

Land Information

APNG7565-00-000-0083-01
Lot Number83,84
SubdivisionGreen Gate Grove - Slj
Land UseResidential
Legal DescriptionGREEN GATE GROVE N 1/2 LOT 83 & LOT 84
Census Tract020106
Assessed Land Value$55,648
Assessed Improvement Value$31,554
Assessment Year2025

About this property

Price to sell in Green Gate Grove, a 55+ senior community offering an active lifestyle. This 1993 Schult manufactured home features 2 bedrooms and 2 full bathrooms across 1,024 square feet of living space. Being sold fully furnished, this home is truly move-in ready—ideal for seasonal or full-time living. The front-facing kitchen offers wonderful light and ventilation. Situated on a 4,944 sq ft lot & an additional 2,475 sq ft (lot and a half), the property provides flexibility, including space for RV parking. Recent updates include a roof replaced approximately three years ago and an HVAC system refurbished within the same timeframe. A wheelchair-accessible ramp provides easy entry and added convenience. Positioned on a desirable corner lot, the home offers extra privacy and curb appeal. A storage shed with electricity is also included—perfect for tools, hobbies, or additional storage. Enjoy the benefits of secure, gated community living with access to a variety of amenities.

Investor Tools

$561Estimated Mortgage Balance
$91,670Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$120,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$555 /month
Positive
Cash Flow Estimate:
$185 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$741
$79,213
2025
$55,648
$31,554
$87,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$741
$79,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dewey L Cowen
Seller Carryback / Seller Financing / Seller Take-Back
$10,000
No
First
Apr 15, 1997
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$561
$108,439
99%
1%
$60/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$60/mo
+$1,140/mo
15.7%

City: Palmview

2002 Green Gate Cir E | Property Details | No Agent List