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$245,000

5615 Vz County Road 1222, Grand Saline, TX, 75140

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$145.83 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size5.98 acres

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN046.3590.0000.0001.0000
Lot Number1
Land UseResidential
Legal DescriptionACRES: 5.980 BLK: LOT: PT 1 ADDN: OAKLAWN EST
Census Tract950100
Assessed Land Value$75,970
Assessed Improvement Value$173,110
Assessment Year2025

About this property

This is a very unique property in many ways. This just shy of 6 acre property features a main home that is a 2013 Double Wide with two shops or sheds, an additional 1000 sq. ft. pool house or cabana, in ground pool, pond, and acreage. It will need some clean up and some TLC but could provide years of enjoyment in country living.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$157,102Estimated Mortgage Balance
$123,283Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

Interested in this property?

Clay Nicklas

Fenner & Nicklas Enterprises

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,140
$249,080
2025
$75,970
$173,110
$249,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,140
$249,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanleaders Of America Inc
Fha
$157,102
Yes
First
Jun 30, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,004
$122,996
46%
53%
$942/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: Grand Saline

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