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$180,000

NAL Estimated Property Value

2512 Iron Rd, Diana, TX, 75640

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,406 Sq Ft
price_per_sqft$47.58 / sqft
Year BuiltBuilt in 1933

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Water Heater

Exterior

Lot Size1.52 acres

Building Information

Year Built1933
Garage Spaces1

Land Information

APN36080
Land UseResidential
Legal DescriptionABS A521 WIGGINS, THOMAS S,TRACT 19, 1.52 ACRES & HOUSE (LIFE ESTATE FOR GEORGIA CARGIL)
Census Tract950102
Assessed Land Value$68,150
Assessed Improvement Value$107,430
Assessment Year2025

About this property

Step back in time with this 1933-built country home set on 1.52 acres in the heart of New Diana, just 15 minutes north of Longview, TX. With approximately 1,400 sq ft, this 2-bedroom home features a spacious living area, large kitchen and dining space, offering a solid footprint ready for restoration. This home has raised three generations and still holds traces of its original character and history. It is old and needs work, making it an ideal opportunity for investors, renovators, or buyers looking to bring new life to a true country original. The property boasts road frontage on both Iron Road and Hwy 154 E, providing excellent access. . If you’re looking for land, location, and potential—and aren’t afraid of a project—this historic New Diana homestead is ready for its next chapter.

Investor Tools

Property Icon
$180,000
Estimated Property Value
$0Estimated Mortgage Balance
$180,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$257
$175,580
2025
$68,150
$107,430
$175,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$257
$175,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,000
100%
0%
$0/mo

City: Diana

2512 Iron Rd | Property Details | No Agent List