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$184,000

NAL Estimated Property Value

2989 County Road 2040, Powell, TX, 75153

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$119.24 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringLaminate

Exterior

Lot Size2.16 acres

Building Information

Year Built2020
Stories1

Land Information

APN48504
SubdivisionW Gilbert Abst
Land UseResidential
Legal DescriptionABS A10326 W GILBERT ABST TRACT 12B 2.164 ACRES SN1 CLW049597TX
Census Tract970100
Assessed Land Value$93,870
Assessed Improvement Value$67,330
Assessment Year2025

About this property

2020 Model Clayton Home Anniversary Farmhouse Edition on 2.2 fully fenced acres! This beauty has been lived in less than a year and has a brand new aerobic septic septic system. This is an absolute steal!

Investor Tools

Property Icon
$184,000
Estimated Property Value
$132,010Estimated Mortgage Balance
$51,990Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$953
$142,780
2025
$93,870
$67,330
$161,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$953
$142,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$144,287
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,010
$51,990
28%
72%
$866/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.

Explore Texas Explore This Area
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: Powell

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2989 County Road 2040 | Property Details | No Agent List