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$118,090

NAL Estimated Property Value

4387 Fm 2947, Greenville, TX, 75402

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths722 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$159.28 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesOther

Exterior

Lot Size1 acre

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN0601-0060-0000-50
SubdivisionLong Charles F
Land UseResidential
Legal DescriptionA0601 LONG CHARLES F, TRACT 6, ACRES 1
Census Tract961102
Assessed Land Value$91,800
Assessed Improvement Value$26,290
Assessment Year2025

About this property

Opportunity awaits on this 1-acre, tree-covered property in Greenville, Texas, located within the Lone Oak ISD. Whether you're looking for your next investment, a future homesite, or a place to build a weekend getaway, this property offers plenty of potential in a great location just minutes from Greenville Club Lake and Lake Tawakoni. The existing 1950s mobile home and other structures are considered to have no contributory value, creating the opportunity for you to clear the property and start fresh with a beautiful, shaded building site. Seller states there are no known restrictions, allowing flexibility for a variety of future uses. Seller also states the property backs to land owned by the Sabine River Authority, and that a lease may be available through the River Authority for water access. Buyers should verify all information including but not limited to restrictions, leasing opportunities, utilities, school districts and intended use. Properties with mature trees, a convenient location, and this much potential don't come along often. Bring your vision and make it your own.

Investor Tools

Property Icon
$118,090
Estimated Property Value
$0Estimated Mortgage Balance
$118,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$709 /month
Positive
Cash Flow Estimate:
$236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,942
$118,090
2025
$91,800
$26,290
$118,090
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,942
$118,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Greenville

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4387 Fm 2947 | Property Details | No Agent List