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$195,000

231 Stone Rail Drive, Ponder, TX, 76259

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$102.42 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Other

Exterior

Lot Size1.09 acres

Building Information

Year Built2006
Stories1

Land Information

APNR242420
Lot Number5
SubdivisionStone Valley Farm Ph One
Land UseResidential
Legal DescriptionSTONE VALLEY FARM PH ONE BLK 3 LOT 5 SN#1 PH2211978A HUD# PFS0954926
Census Tract020313
Assessed Land Value$99,128
Assessed Improvement Value$71,226
Assessment Year2025

About this property

COUNTRY LIVING! Nestled on a little over an acre of land in the highly sought after Ponder ISD. This charming 3 bedroom 2 bath home offers a large kitchen complete with a spacious island. The wood burning fireplace makes this home feel so cozy and warm. Enjoy the sunrise while you drink your morning coffee on the beautiful front porch in peace. Don't miss out on this rare find.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$0Estimated Mortgage Balance
$129,171Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$812
$158,748
2025
$99,128
$71,226
$170,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$812
$158,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$194,750
No
First
Jul 14, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,829
$129,171
42%
58%
$1,168/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: Ponder

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