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A+
NoAgentList RatingHow are grades calculated?Info

$293,000

NAL Estimated Property Value

6009 Fm 2966, Yantis, TX, 75497

$380,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,134 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$74.51 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size8.50 acres

Building Information

Year Built1988
Garage Spaces2

Land Information

APN15349
Land UseResidential
Legal DescriptionABS 0225; GROCE J; TRACT 87; 8.5 ACRES; REAL PROPERTY; HUD# TEX0160900; HUD#2 TEX0160901; TITLE # 93370743 & 93370744; SN1
Census Tract950303
Assessment Year2025

About this property

One of a kind 8.5 acre property. Located within walking distance of popular large mouth bass fishing Lake Fork and approximately 10 miles from Lake Quitman. Great blend of woods and open pasture with gorgeous views and plenty of room for outdoor recreation. Fenced and cross fenced with a pond and creek. 400 sqft. metal shop with overhang and electric. Additional storage buildings. 3 bedroom 2.5 bath home has two living areas, en-suite master bath with walk in closet, separate laundry room, and a large add on bonus room that's great for entertaining guests. Only a 20 minute drive to downtown Sulphur Springs, nicknamed Celebration City for it's abundance of shopping, dining and entertainment!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$139,872Estimated Mortgage Balance
$153,128Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$380,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,704
$254,239
2025
N/A
N/A
$285,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,704
$254,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$158,083
Yes
First
Jun 11, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,872
$153,128
52%
48%
$948/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: Yantis

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