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$170,000

5504 Jib Lane, Temple, TX, 76502

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,056 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$160.98 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Water Heater, Some Electric Appliances, Microwave, Range
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Deck, Porch, Storage
Lot Size10,197 sqft

Building Information

Year Built2018
Stories1
Roof Type105

Land Information

APN109145
Lot Number57
SubdivisionLakeaire Section Ii
Land UseResidential
Legal DescriptionLAKEAIRE SECTION II, BLOCK 001, LOT 0057, MH LABEL# NTA1845550 SN1 L210305A
Census Tract020203
Assessed Land Value$30,897
Assessed Improvement Value$42,590
Assessment Year2025

About this property

Check out this unique property offering comfort, functionality, and space for work, storage, or hobbies, all located in the highly sought-after Lake Belton High School district with BUYER $5000 CONCESSIONS. Situated on a fully fenced corner lot with 2 separate entrances, this 2018 manufactured home features 2 bedrooms, 2 full bathrooms, vaulted ceilings, and an open-concept kitchen and living area that creates a spacious and inviting feel. A custom covered wood deck entrance adds charm and a warm welcome to the home. Insulated metal roof adds to more durability and longevity. Designed with versatility in mind, the property also includes a massive 500+ sq ft 2 story unfinished workshop/storage building added in 2020. Complete with plumbing, full electrical, and two mini-split heating and cooling units, this space is ready to be customized into a workshop, studio, office, guest quarters, or additional living space. Need room for your RV, boat, tools, or equipment? The steel-frame tandem RV/boat carport with metal roofing offers exceptional covered storage and could easily be converted into a fully enclosed shop by adding walls and roll-up doors — perfect for mechanics, landscapers, contractors, or hobbyists needing extra workspace. Enjoy the benefits of no city taxes, co-op water and electricity, and incredibly low property taxes. Conveniently located near the community pool, boat ramp, and park, this property offers the perfect blend of quiet country-style living with easy access to recreation. Whether you're a retiree looking for peaceful living, a young persons starting out, or a small business owner needing flexible space, this home offers endless potential and value.

Investor Tools

$99,426Estimated Mortgage Balance
$98,574Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

Interested in this property?

Barry Ratliff

Barry Ratliff, Broker

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$577
$59,264
2025
$30,897
$42,590
$73,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$577
$59,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$100,750
No
First
Aug 27, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,426
$98,574
49%
50%
$605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$605/mo
+$1,015/mo
9.8%

City: Temple

5504 Jib Lane | Property Details | No Agent List