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$223,000

NAL Estimated Property Value

250 Molly Ln, Mineola, TX, 75773

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
price_per_sqft$159.97 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesFree-Standing Range
FlooringLaminate

Exterior

Lot Size12,959 sqft

Building Information

Year Built1970
Garage Spaces2

Land Information

APN38954
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK D .2975 HIGHLAND ACRES
Census Tract950800
Assessed Land Value$7,780
Assessed Improvement Value$179,930
Assessment Year2025

About this property

Welcome to 205 Molly Lane in Mineola, Texas—where comfort, charm, and functionality come together in a classic ranch-style setting. This well-maintained 3-bedroom, 2-bath brick home offers a spacious and inviting layout, complete with a 2-car garage( with a bonus 2 car garage/WORKSHOP) and timeless curb appeal. Inside, you’ll find a warm and comfortable atmosphere perfect for both everyday living and entertaining. Step outside to enjoy the fully fenced backyard—ideal for pets, play, or relaxing evenings. Fourth of July you have a front row seat to the fireworks show held at the Civic Center located directly behind the property. There is also a park behind the property making it ideal for families. A standout feature of this property is the versatile bonus 2 car garage or workshop, offering endless possibilities for hobbies, storage, or even additional garage space. Located within the desirable Mineola ISD, this home provides small-town charm with convenient access to local amenities. Whether you're looking for your first home, downsizing, or investing, 205 Molly Lane is full of potential and ready to welcome its next owner. ***All kitchen appliances convey.***

Investor Tools

Property Icon
$223,000
Estimated Property Value
$159,115Estimated Mortgage Balance
$63,885Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$718
$187,710
2025
$7,780
$179,930
$187,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$718
$187,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$176,262
No
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,115
$63,885
28%
71%
$1,057/mo

City: Mineola