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$118,000

289 Ballard St, Tow, TX, 78672

$132,704 ARVInfo
Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths856 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$157.71 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Free-Standing Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size21,601 sqft

Building Information

Year Built1970
Stories1
Roof Type112

Land Information

APN26022
Lot Number960,961
SubdivisionBuchanan Lake Village
Land UseResidential
Legal DescriptionBUCHANAN LAKE VILLAGE UNIT 5 LTS 960 - 961 & 974 - 975
Census Tract970100
Assessed Land Value$56,880
Assessed Improvement Value$28,100
Assessment Year2025

About this property

Motivated Sellers! Lakeside Paradise: 2BD/1BA Mobile Home with Half-Acre of Outdoor Living. This charming beautifully maintained 2-bed, 1-bath mobile home is approx. 856 sq. ft. Set on a generous half-acre lot, this property offers exceptional outdoor space for entertaining and relaxation. Step inside to discover a thoughtfully designed interior featuring attractive laminate flooring throughout, the welcoming eat-in kitchen boasts newer appliances and plenty of space for casual dining or morning coffee. Both bedrooms offer comfortable retreats, while the recently updated bathroom showcases modern fixtures and finishes. The outdoor living spaces truly make this property special. Enjoy morning coffee on the spacious covered deck overlooking the expansive yard, or relax on the screened-in porch during evening hours without worrying about insects. After a day exploring around the lake or tending to the yard, rinse off in the private outdoor shower before heading out for dinner or an evening at one the local winery’s. Need extra space for visiting family and friends? Included is an RV, providing additional accommodation without sacrificing privacy. There is abundant parking and storage space, perfect for boats, water toys. Buchanan Lake Village residents enjoy access to two boat ramps for easy lake access when water levels are high. During lowwater periods, explore the historic lake bed by golf cart or ATV to discover fascinating remnants of the past normally hidden underwater. This one won't last long.

Investor Tools

Property Icon
$118,000
Estimated Property Value
$127,000Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$63/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$170
$84,980
2025
$56,880
$28,100
$84,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$170
$84,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$127,000
No
First
Sep 3, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,707
N/A
0%
107%
$762/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: Tow

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289 Ballard St | Property Details | No Agent List