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$112,000

NAL Estimated Property Value

316 Highway 359, Skidmore, TX, 78389

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,064 Sq Ft
Manufactured On LandManufactured On Land
price_per_sqft$126.79 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size1 acre

Land Information

APN29888
Lot Number1
SubdivisionRivera-Fox
Land UseResidential
Legal DescriptionRIVERA-FOX LOT 1 1.00 AC
Census Tract950600
Assessed Land Value$16,000
Assessed Improvement Value$68,970
Assessment Year2025

About this property

Charming 3-bedroom, 2-bathroom home situated on a generous 1-acre lot. This property offers ample space for outdoor activities, gardening, or simply enjoying the serenity of your private land. Built in 2018, this home boasts a modern design with contemporary features that ensure both style and comfort. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a welcoming atmosphere for gatherings and entertaining guests. The property is secured with an electric gate, providing convenience. One of the significant advantages of this property is the absence of restrictions. You have the freedom to personalize and use your land as you see fit, whether it's for adding structures, keeping pets, or pursuing hobbies. This home is perfect for anyone looking for a blend of modern living and rural tranquility. Whether you're seeking a spacious place to grow or someone wanting a peaceful retreat, this property offers endless possibilities.

Investor Tools

Property Icon
$112,000
Estimated Property Value
$212,534Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$809 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,563
$84,970
2025
$16,000
$68,970
$84,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,563
$84,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$108,007
Yes
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,534
N/A
0%
190%
$1,296/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: Skidmore

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316 Highway 359 | Property Details | No Agent List