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$156,000

NAL Estimated Property Value

2111 Hillside Drive, May, TX, 76857

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths960 Sq Ft
price_per_sqft$169.27 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Electric Oven, Electric Range, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size15,960 sqft

Land Information

APN46155
Lot Number279,280
SubdivisionTamarack Mountain Section I
Land UseResidential
Legal DescriptionTAMARACK MOUNTAIN SECTION I, LOT 279, 280
Census Tract950100
Assessed Land Value$14,360
Assessed Improvement Value$117,350
Assessment Year2025

About this property

Have you been looking for you perfect new lake home or weekend getaway? Well look no more this modular home is setting on four lots inside the Tamarack Mountain Community on Lake Brownwood. Two blocks from the association boat ramp and fishing dock. This 3-bedroom 1 bath home is ready for its new family to come make their new memories. There is a large, covered parking area large enough for your boat-jet skis or all water toys including an RV and several 50amp plugs. And a large storage building and workshop on the property. All appliances will convey including large tv on wall in the bedroom. Many of the furnishings can convey with a full offer. The furnishings that can stay will be determined between seller and buyer upon offer. This is a well-maintained home that allows you to come to the lake and play and enjoy your time and not work the time away making repairs. We could keep writing this description all day, but you simply must come see this home to fall in love and take that first step to relaxing at the lake. Buyers Rep to verify all information.

Investor Tools

Property Icon
$156,000
Estimated Property Value
$125,361Estimated Mortgage Balance
$30,639Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$975 /month
Positive
Cash Flow Estimate:
$325 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,357
$131,710
2025
$14,360
$117,350
$131,710
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,357
$131,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Va
$129,000
Yes
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,361
$30,639
19%
80%
$774/mo

Learn About the Market: Opportunity in Texas

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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: May

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2111 Hillside Drive | Property Details | No Agent List