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$187,000

NAL Estimated Property Value

24896 Penny Ln, Porter, TX, 77365

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$82.91 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
FlooringCarpet, Vinyl

Exterior

Lot Size1.51 acres

Building Information

Year Built1997
Stories1
Garage Spaces1

Land Information

APN9260-03-01100
Lot Number11
SubdivisionTimberlane Acres 03
Land UseResidential
Legal DescriptionS926003 - TIMBERLANE ACRES 03, BLOCK 2, LOT 11, SERIAL SG010018A98, TITLE # 00956456, LABEL # PFS0453209, MODEL BEACON
Census Tract692401
Assessed Land Value$27,630
Assessed Improvement Value$112,743
Assessment Year2025

About this property

Property nestled on 1.5 Acres in unrestricted subdivision. Build a house, Invest, or use as multi-use, the possibilities are endless! Close proximity to HWY 59 and less than 5 miles from Grand Parkway and newly developed Valley Ranch Town Center. Short commute to restaurants, movies, and shopping! Mobile home is in poor condition, needs updating; AC, carpet. etc. Selling as is.

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,299
$140,373
2025
$27,630
$112,743
$140,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,299
$140,373

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$174,000
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: Porter

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24896 Penny Ln | Property Details | No Agent List