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$263,650

NAL Estimated Property Value

240 Geronimo St, Ferris, TX, 75125

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$148.44 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesOther
Lot Size1 acre

Building Information

Year Built2023
Stories1

Land Information

APN00.4039.901.009.00.105
Lot Number9
SubdivisionFerris Ranch Ph 2
Land UseResidential
Legal DescriptionLOT 9 BLK A FERRIS RANCH PH 2 1.0 AC
Census Tract060104
Assessed Land Value$125,000
Assessed Improvement Value$138,650
Assessment Year2025

About this property

Brand New home features 3 spacious bedrooms, 2 full baths, abundant kitchen cabinets and counter space, new appliances (fridge, dishwasher, range and microwave) open to living and dining rooms. This model has a second living area - family room. Vaulted ceiling, steel exterior doors, vinyl thermal pane windows, high efficiency HVAC, wR11 Floors, Walls and R19 Roof (Composition). This lot has front and rear deck and a limited landscape package. R11 floors (fiberglass 3.5-inch thickness): R11 walls (fiberglass 3.5-inch thickness): R21 Ceiling (fiberglass 5.58-inch thickness) Completion approximately last week in April 2023 or first part of May. See offer guidelines-do not change the title company. 14 disclosures for mobile homes, must be signed and submitted with offer. If the buyer uses the builder's lender, the buyer will receive 1% discount of sales price, seller will pay for title policy, and lender will contribute an additional $1500.00 in contributions to buyer for closing.

Investor Tools

Property Icon
$263,650
Estimated Property Value
$209,636Estimated Mortgage Balance
$54,014Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,582 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,606
$263,650
2025
$125,000
$138,650
$263,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,606
$263,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$217,490
Yes
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,636
$54,014
20%
80%
$1,331/mo

City: Ferris

240 Geronimo St | Property Details | No Agent List