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$282,000

NAL Estimated Property Value

2504 Prause Road, China Spring, TX, 76633

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$254.46 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
HeatingHeating
CoolingCooling
AppliancesDryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesFire Pit, Storage
Lot Size5.02 acres

Building Information

Year Built2002
Stories1
Roof Type105

Land Information

APN180252000196009
Lot Number196
SubdivisionHighland Park Est
Land UseResidential
Legal DescriptionHIGHLAND PARK EST LOT 196 ACRES 5.02
Census Tract004102
Assessed Land Value$63,450
Assessed Improvement Value$82,720
Assessment Year2025

About this property

Welcome home to this amazing retreat on 5.02 peaceful acres in the sought after China Spring ISD. Tucked away for privacy, this property is full of charm with beautiful, mature oak trees and a seasonal creek running along the back. The 3 bedroom, 2 bath manufactured home is clean, comfortable, and move-in ready -- featuring pretty wood look vinyl plank flooring, fresh paint, and updated fixtures and counters throughout. There is also a detached covered carport with storage at the back of it, plus there are two other storage buildings for convenience. Start your mornings on the large covered front deck with a cup of coffee, and wind down in the evenings out back where the setting truly shines. A stunning, oversized oak tree provides incredible shade and character, making it the perfect spot to relax or gather with friends and family. There's even a cooking area and firepit ready for weekend gatherings under the open sky. Whether you're dreaming of a quiet homestead, a place to spread out, or somewhere to enjoy the simple things, this property has plenty of room and potential to make it your own!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$65,037Estimated Mortgage Balance
$216,963Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,176
$146,170
2025
$63,450
$82,720
$146,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,176
$146,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$91,829
Yes
First
Jun 14, 2013
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,037
$216,963
76%
23%
$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.

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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: China Spring

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2504 Prause Road | Property Details | No Agent List