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$215,000

NAL Estimated Property Value

297 BARREL CACTUS Drive, Horizon City, TX, 79928

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
price_per_sqft$161.65 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Range Hood
FlooringOther

Exterior

Exterior FeaturesWalled Backyard
Lot Size8,442 sqft

Building Information

Year Built2001
Stories1
Roof Type105

Land Information

APND456-000-0090-3000
Lot Number30
SubdivisionDesert Mesa Est #2 Mobile Home
Land UseResidential
Legal Description9 DESERT MESA EST #2 MOBILE HOME LOT 30 (8442.00 SQ FT)
Census Tract010361
Assessed Land Value$15,871
Assessed Improvement Value$157,512
Assessment Year2025

About this property

Stunning home in a corner lot with a huge 8442 sf lot located near the intersection of Horizon Blvd and Derrington Rd. This beautiful home was just remodeled including paint inside and outside, new ceramic tile throughout, new modern tiled showers, water closets, vanities, ceiling fans, kitchen granite countertop, lighting and new refrigeration. The home has 3 bedrooms, 2 bathrooms, and a large living area. This home comes with a huge lot for your future expansion projects. All offers should come with a pre-approval letter.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$18,312Estimated Mortgage Balance
$196,688Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,261
$173,383
2025
$15,871
$157,512
$173,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,261
$173,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Usda
$67,600
Yes
First
Aug 3, 2001
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,312
$196,688
91%
9%
$406/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$406/mo
+$1,084/mo
8.3%

City: Horizon City

297 BARREL CACTUS Drive | Property Details | No Agent List