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$339,331

NAL Estimated Property Value

5940 Forbes Road, Venus, TX, 76084

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,184 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$91.12 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size3.11 acres

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN00.4764.000.005.00.108
Lot Number5
SubdivisionHillside Farms Ph I
Land UseResidential
Legal DescriptionLOT 5 HILLSIDE FARMS PH I 3.11 AC
Census Tract060802
Assessed Land Value$217,000
Assessed Improvement Value$122,331
Assessment Year2025

About this property

Bring all your toys and animals!!! This four bedroom, 2 bath mobile home has over 3 acres to spread out. There are two storage sheds, one with full insulation, electric and heat-air. If you always wanted a man cave for your tools this is your place. Inside the home features an open floor plan, split bedrooms, and a large walk-in pantry in the oversized laundry room. This home is freshly painted with new carpet installed this week. All information deemed reliable but not guaranteed.**MULTIPLE OFFERS RECEIVED** BEST AND FINAL BY MARCH 10 AT 8:00PM

Investor Tools

Property Icon
$339,331
Estimated Property Value
$148,949Estimated Mortgage Balance
$190,382Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,036 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,040
$339,331
2025
$217,000
$122,331
$339,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,040
$339,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Purchase Money Mortgage
$165,000
No
First
Apr 19, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,949
$190,382
56%
44%
$990/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.

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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: Venus

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5940 Forbes Road | Property Details | No Agent List