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$214,000

NAL Estimated Property Value

2554 County Road 140, Whitesboro, TX, 76273

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
price_per_sqft$164.93 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2 acres

Building Information

Year Built1994
Roof Type112
Garage Spaces4

Land Information

APN108524
Lot Number6
SubdivisionWest Ridge Subd
Land UseResidential
Legal DescriptionWEST RIDGE SUBD; LOT 6; ACRES 2.0; MH LABEL# PFS0713109 / PFS0713110
Census Tract000100
Assessed Land Value$105,000
Assessed Improvement Value$36,828
Assessment Year2025

About this property

What a sweet, sweet setting for this small mobile home on two acres! Cottonwoods, a pecan tree full of pecans, and two gorgeous weeping willows swaying in the gentle breeze make this a perfect setting. Enjoy covered parking for four vehicles and even an RV or tractor! Drive up the driveway through the cedar trees that line the front border. The welcoming porch is covered and there’s even a side porch and a shed for lawn equipment and tools! Approximately 4 miles to shopping and restaurants in Whitesboro, and convenient to Highway 82 for a short drive to Sherman or Gainesville. Grow your own food, put in a chicken coop, build a horse barn or shop, or even build your dream home while you live in the mobile home. This property is ready for all your dreams and ideas. With 3 bedrooms, one could easily become a home office. Kitchen opens to the living room and the primary bedroom has its own bath. Come out and see this sweet property in a beautiful area!

Investor Tools

Property Icon
$214,000
Estimated Property Value
$186,543Estimated Mortgage Balance
$27,457Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$280
$141,828
2025
$105,000
$36,828
$141,828
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$280
$141,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$191,958
Yes
First
Oct 21, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,543
$27,457
12%
87%
$1,151/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,580/mo
$1,151/mo
+$429/mo
8.9%

Learn About the Market: Opportunity in Texas

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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: Whitesboro

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2554 County Road 140 | Property Details | No Agent List