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B+
NoAgentList RatingHow are grades calculated? Info

$418,430

4941 Fm 512, Commerce, TX, 75428

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$0.73 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size30.12 acres

Building Information

Year Built2003
Stories1

Land Information

APN0342-0300-0000-30
SubdivisionFullerton F
Land UseResidential
Legal DescriptionA0342 FULLERTON F,TRACT 30, ACRES 30.12,(ALSO IN A1058 A1164)
Census Tract960100
Assessed Land Value$361,200
Assessed Improvement Value$57,230
Assessment Year2025

About this property

4 Bed, 2 Bath manufactured home with approximately 6 fenced acres and a small stock pond for lease. Features a large covered rear deck and a 2nd story upper deck. Home is spacious, with a living room fireplace, double sinks in both bathrooms, various updated fixtures, and newer paint and carpet (done in 2020 but never lived in). Leased property will be from the fence at the dry creek to the road frontage. Pond currently dry, being rebuilt. Northern stock pond available if tenant needs for livestock. Horses OK. Tenant responsible for fence maintenance.

Investor Tools

Property Icon
$418,430
Estimated Property Value
$315,000Estimated Mortgage Balance
$111,354Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,511 /month
Positive
Cash Flow Estimate:
$837 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,219
$418,430
2025
$361,200
$57,230
$418,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,219
$418,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$315,000
No
First
Dec 10, 2024
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,076
$111,354
26%
73%
$1,889/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: Commerce

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4941 Fm 512 | Property Details | No Agent List