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$579,000

235 Eugene Ln, Nevada, TX, 75173

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,585 Sq Ft
price_per_sqft$365.3 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size10.01 acres

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APNR-6673-001-0580-1
Lot Number58
SubdivisionJas Osgood Survey
Land UseResidential
Legal DescriptionABS A0673 JAS OSGOOD SURVEY, SHEET 1, TRACT 58, 10.015 ACRES
Census Tract031201
Assessed Land Value$350,525
Assessed Improvement Value$154,166
Assessment Year2025

About this property

Here is an amazing opportunity to own a ten-acre estate with TWO residences, addressed separately, in Community ISD. The main home is cozy and inviting and needs some handy work and TLC to be rejuvenated. Kitchen is open to the living and dining room, and a back patio invites you to relax and enjoy the sunset. The detached garage has been fitted with plumbing and has a bathroom project ready to complete. The second home is a large manufactured home that features 1,750sf of living space with large master and ensuite, open floor plan with large living area, formal dining and 3 bedrooms and two baths. Updated with exterior paint, laminate flooring and a more recent AC system, this home is ready for family or tenants. The fenced back yard and circle drive are additional features that make this second residence a gem. Enjoy the peace and quiet of country living on an expansive property with easy access to Hwy 6 and Hwy 78.

Investor Tools

$0Estimated Mortgage Balance
$504,691Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

Interested in this property?

Patty Turner

Keller Williams Rockwall

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$531
$504,691
2025
$350,525
$154,166
$504,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$531
$504,691

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$504,691
100%
0%
$0/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: Nevada

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235 Eugene Ln | Property Details | No Agent List