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$365,000

2755 Washburn Rd, Luling, TX, 78648

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$232.78 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Water Heater, Refrigerator, Range Hood, Water Purifier
FlooringLaminate

Exterior

Exterior FeaturesPrivate Entrance, Private Yard, Rv Hookup

Building Information

Year Built2002
Stories1

Land Information

APN0400102-285-019-0A
Land UseResidential
Legal DescriptionMANUFACTURED HOME; _, 16X66, LABEL# PFS0767636 SN# AH010313487 TITLE # 01266622 16X66
Census Tract960600
Assessed Improvement Value$56,390
Assessment Year2023

About this property

5.05 ACRES • TWO HOMES • LOW 1.386% TAX RATE • NO HOA! If you've been looking for space, flexibility, and room to build equity, this property deserves a closer look. The well-maintained 2023 manufactured home offers 1,568 square feet with 4 bedrooms and 2 bathrooms, plus front and back decks, a fenced backyard, water filtration and softener systems, and peaceful views of the surrounding acreage. But the real opportunity is the second residence. Approximately 1,668 square feet, this home is already framed with substantial construction completed, and the sellers have invested more than $150,000 toward the project. Finish it your way and create a second home for multigenerational living, a guest house, rental opportunity, additional workspace, or whatever best fits your needs. The 5.05 acres offer a great mix of cleared and wooded areas with plenty of room for livestock, gardening, recreation, or future improvements. A gated pipe-fenced entrance and gravel drive provide easy access to both homes. The property also features two goat pens, multiple storage sheds and a 50-amp RV hookup. With two homes, 5+ acres, substantial improvements already underway, and a low tax rate, this is a property with possibilities that are hard to find at this price point. Come take a look and see what you could create here!

Investor Tools

$0Estimated Mortgage Balance
$233,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Kacie Brown

Land Unlimited

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$153
$30,520
2023
N/A
$56,390
$56,390
No

Tax History

Year
Tax Paid
Assessed Value
2022
$153
$30,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
100%
0%
$0/mo

City: Luling

2755 Washburn Rd | Property Details | No Agent List