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$399,999

505 Black Bayou Rd #2 Road, Bloomington, TX, 77951

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,008 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$396.82 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Some Electric Appliances
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPorch, Private Yard

Building Information

Year Built2015

Land Information

APN00930-000-33300-17
Land UseResidential
Legal DescriptionFRANCISCA PEREZ ABST 93, MH ONLY ON,TRACT 193, 29.45 ACRES, SN# 125000HB001868A, LN# NTA1686125
Assessed Improvement Value$54,300
Assessment Year2025

About this property

29.45 acres of land sitting up on a hill on the countryside just outside of Bloomington, Tx. This is such a peaceful oasis. The neighboring tract is very large and undeveloped giving you a view for miles of the country from the hilltop. Abundant wildlife frequents the feeder down on the southwest corner. This is such a great ranchette for an avid wildlife watcher or hunter. It is not too far from Victoria but far enough to get away to a retreat. The 1940 home on the property has not been given value. It may be a tear down, although it is currently rented. The mobile home is a 2014 and is in good shape and has a very nice, covered porch overlooking the property. It is also currently rented. New fence, gates and road along the easement and the entrance have just been installed as of June 2026. There is also a very large pond just coming off of the hill leading down to the southern end of the property. It would make for a great stocked tanked. This property is one you have to see in person to take in the full beauty of what it has to offer.

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Scott Taylor

Coldwell Banker D'Ann Harper

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$55
$54,300
2025
N/A
$54,300
$54,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$55
$54,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,000
100%
0%
$0/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: Bloomington

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505 Black Bayou Rd #2 Road | Property Details | No Agent List