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$235,277

NAL Estimated Property Value

553 Marion Rd, Venus, TX, 76084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths924 Sq Ft
price_per_sqft$243.51 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven
FlooringCarpet

Exterior

Lot Size2.03 acres

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APN00.6293.000.006.01.115
Lot Number6
SubdivisionMeltons Sub
Land UseResidential
Legal DescriptionLOT 6 MELTONS SUB 2.0251 AC
Census Tract060900
Assessed Land Value$170,000
Assessed Improvement Value$74,973
Assessment Year2025

About this property

This property features a MOBILE HOME with three bedrooms and two bathrooms, set on 2.025 ACRES of land. Positioned across from newly built homes, it indicates potential for ONGOING DEVELOPMENT and residential GROWTH in the area. Additionally, there is the option to ACQUIRE an ADDITIONAL 2 ACRES of adjacent county land with another MOBILE HOME, providing ample opportunity for EXPANSION or NEW BUILD options. This setup not only offers a SPACIOUS PROPERTY but also presents RENTAL INCOME opportunities, making it an appealing INVESTMENT for buyers looking to capitalize on both RESIDENTIAL AND RENTAL prospects. Whether you're seeking a large property for personal use, exploring new build options, or making an INVESTMENT with income potential, this property offers a VERSATILE AND PROMISING opportunity.

Investor Tools

Property Icon
$235,277
Estimated Property Value
$171,679Estimated Mortgage Balance
$63,598Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,412 /month
Positive
Cash Flow Estimate:
$471 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,648
$235,277
2025
$170,000
$74,973
$244,973
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,648
$235,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Unknown
$174,227
No
First
Jul 22, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,679
$63,598
27%
73%
$1,045/mo

City: Venus

553 Marion Rd | Property Details | No Agent List