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$495,000

NAL Estimated Property Value

2155 Highway 138, Florence, TX, 76527

$556,168 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$369.57 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Range
FlooringCarpet

Exterior

Lot Size10.00 acres

Building Information

Year Built2021
Stories1

Land Information

APNR-10-W042-3000-0016C
Land UseResidential
Legal DescriptionAW0423 AW0423 - MCOULD, J. SUR., ACRES 10.003
Census Tract020206
Assessment Year2025

About this property

MODULAR home! Upgraded quality over "Mobile/Manufactured!" Home is set up on and secured to a concrete beams in the ground, with numerous floor joists. Generous front porch to sit and watch the cars in the distance fly by while sipping on your favorite beverage. Currently occupied, (interior pics are from before move-in). Other unique features include a water line from meter to home that is 2 inch for great pressure and able to accommodate additional home builds, and was also installed 33 inches deep to avoid cracks from freezing or any possible vehicle traffic. Electric comes from nearby pole, underground to house where the meter was placed, thus limiting owner liability to only inside wiring. Gravel has been added to a spot behind the home, as a pad site, in preparation for a mobile home or RV. There are also two storage buildings, a picnic table, and plenty of fence materials the owners are leaving for whatever project you may want them for. Wooded area behind home has perimeter cleared for accessibility to entire property with ease, and also towards back is a land berm for shooting range. Middle of wooded area contains bee hives, providing an Agricultural Property Tax Exemption for tremendous savings! Property is just outside of the growing town of Florence, but far enough out to enjoy the peace of the countryside. Brand new Elementary school being built just down the road. It's approx halfway between US Hwy 183 & SH 195 for quick accessibility to many other communities as well.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$436,138Estimated Mortgage Balance
$58,862Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$556,167
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,895
$346,105
2025
N/A
N/A
$711,442
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,895
$346,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$65,000
Yes
First
Dec 27, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,138
$63,862
12%
88%
$2,661/mo

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.

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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: Florence

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2155 Highway 138 | Property Details | No Agent List