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$179,900

$184,900

306 Forrest Hill Rd, Lone Star, TX, 75668

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$147.94 / sqft
Year BuiltBuilt in 2006

About this property

Looking for country living with plenty of room to spread out? This property has so much to offer! Situated on 4.38 acres near a dead-end road, this property combines peaceful country living, multiple outbuildings, plenty of storage, and endless possibilities for the future. The 2006 manufactured home offers 3 bedrooms and 2 bathrooms with a spacious open-concept floor plan and a nice-sized utility room. Step outside and enjoy the large wooden front porch, the perfect place to relax with your morning coffee, enjoy beautiful sunrises and sunsets, and watch the abundant wildlife that visits the property. One of the biggest highlights is the impressive 30x50 metal shop featuring two bay roll-up doors with electricity and water available outside the shop. Whether you need space for a workshop, equipment, vehicles, hobbies, or additional storage, this building provides plenty of options. A lean-to along the side offers additional covered space for tractors, lawn equipment, ATVs, and more. That's not all! The property also includes an additional smaller metal storage building and a 2-car metal carport that could be used for vehicles, boats, an RV, trailers, or additional equipment. With NO RESTRICTIONS and 4.38 acres, there is plenty of room to make this property your own. Add a garden, bring your livestock, create additional outdoor amenities, or even build your dream home while having utilities already in place. Enjoy the privacy and peaceful atmosphere of country living while having the space and improvements already here to fit a variety of needs. 4.38 acres, a 3-bedroom home, 30x50 shop, multiple storage options, covered parking, utilities in place, and NO RESTRICTIONS—bring your plans and make this property yours!

Investor Tools

$0Estimated Mortgage Balance
$103,411Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

Interested in this property?

Bree Shimpock

Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

City: Lone Star

306 Forrest Hill Rd | Property Details | No Agent List