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A+
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$209,000

2161 Vz County Road 1507, Van, TX, 75790

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,128 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$40.34 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size28,140 sqft

Building Information

Year Built1972
Stories1

Land Information

APN065.0502.0601.0000.0000
Land UseResidential
Legal DescriptionACRES: 0.646 ABST: 502 SUR: P MASON 3 TRS COMB
Census Tract950801
Assessed Land Value$49,180
Assessed Improvement Value$70,740
Assessment Year2025

About this property

Unique farm house close to downtown Van. Wood frame 2 BD 2 BA house includes an extra area in Master BD that can be used for a nursery, LR, KIT & Dining area with an Sun Room attaching it to a mobile home. The apx 1128 sq ft home is on an apx 0.646 acre corner lot. The mobile home is unfinished with apx 910 sq ft and has potential for a LR, 2 BD and BA. Property is partially fenced w mature trees and a large back yard and shed. The property is located in a quiet country area just a short drive from the convenience of Van.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$18,802Estimated Mortgage Balance
$192,819Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$384
$119,920
2025
$49,180
$70,740
$119,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$384
$119,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scott Watson
Stand Alone Second / Subordinate Position
$18,802
No
First
May 15, 2019
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,181
$192,819
92%
8%
$113/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.

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: Van

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2161 Vz County Road 1507 | Property Details | No Agent List