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$172,000

NAL Estimated Property Value

514 Joan St, Winnie, TX, 77665

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
price_per_sqft$135.68 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,231 sqft

Land Information

APN41000-00014-00100-000800
Lot Number8
Land UseResidential
Legal DescriptionBK 1 LT 8 ROBBIN MILLER
Census Tract710401
Assessed Land Value$1,540
Assessed Improvement Value$70,430
Assessment Year2025

About this property

Welcome to this charming manufactured home nestled on a spacious .639-acre corner lot, offering a unique blend of tranquility and opportunity. This property features a well maintained 3 Bedrooms, 2 Bathroom home, perfect for comfortable living or as income opportunity. With no restrictions and ample space, the property is ideal for generating rental income, whether by leasing or utilizing the additional land with multiple utility poles. This property is rare find with its combination of living space, expansive land and flexible usage options. Whether you’re looking for a comfortable home, an investment opportunity, or land to develop, this corner lot property offers it all. Some of the great updates done to the property include year of 2020 Wooden Skirting, 2in Spray Foam Insulation, Metal Roof, Vinyl Flooring and Back Porch 8x10. Year 2022 Storm Back Door. Year 2023 Hot Water Heater. Sold with the property a SquareOne 20Foot Storage Container. Lot 7,8,9,10 Schedule your showing today!

Investor Tools

Property Icon
$172,000
Estimated Property Value
$165,075Estimated Mortgage Balance
$6,925Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$121
$71,970
2025
$1,540
$70,430
$71,970
No

Tax History

Year
Tax Paid
Assessed Value
2023
$121
$71,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$162,001
Yes
First
Jul 22, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,075
$14,925
8%
96%
$1,023/mo

City: Winnie

514 Joan St | Property Details | No Agent List