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$224,000

NAL Estimated Property Value

512 Thornton Lane, Palo Pinto, TX, 76484

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths896 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$99.89 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size1.34 acres

Building Information

Year Built2007

Land Information

APN020250100
Land UseResidential
Legal DescriptionAB 319 TR 1A & 1-1 J D MCKISSACK (NTA1434068) G#10319-00-0001A-010-00-0 MPHMAKE: MPHMODEL: GALAZXY618 MPHSERIAL: OC010818627
Census Tract000300
Assessed Land Value$120,150
Assessed Improvement Value$96,030
Assessment Year2025

About this property

Nice single wide on 1+ acres near lake Palo Pinto. Water Well, Septic, Storage building all await you. Easy access to I-20 and Lake Palo Pinto for recreation. Come get your little slice of heaven with this wonderful property.

Investor Tools

Property Icon
$224,000
Estimated Property Value
$72,613Estimated Mortgage Balance
$151,387Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,775
$216,180
2025
$120,150
$96,030
$216,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,775
$216,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$83,460
Yes
First
Oct 31, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,613
$151,387
67%
32%
$501/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: Palo Pinto

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512 Thornton Lane | Property Details | No Agent List