Last 24 Hours
$567,000
NAL Estimated Property Value7072 Cr118, Iola, TX, 77861
Off Market
3 Beds
2 Bath
1,860 Sq Ft
$182.8 / sqft
Built in 2005Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesDishwasher, Electric Range, Water Heater, Electric Water Heater
FlooringCarpet, Laminate
Exterior
Lot Size3.93 acres
Building Information
Year Built2005
Stories1
Land Information
APNR15974
Land UseResidential
Legal DescriptionA0164 H CARHART, TRACT 3, ACRES 3.93
Census Tract180304
Assessed Land Value$100,650
Assessed Improvement Value$85,220
Assessment Year2025
About this property
Dreaming of wide-open spaces, starry skies, and room for both family and animals? This 3.93-acre corner property in the heart of Iola delivers it all. The well-kept 3-bed, 2-bath modular home features a split floor plan, newer roof in 2019. The real showstopper? A versatile custom metal barn with 4 stalls, a concrete drive-thru, shop space, and plenty of room for tack, feed, tools, or your dream workshop. Perfect for FFA projects, horse enthusiasts, or anyone ready for the good country life. Fenced pasture, garden area, and beautiful mature shade trees complete the picture. Whether you’re starting a homestead or simply want more space to breathe — this property is ready to make it happen.
Investor Tools
$567,000
Estimated Property Value
$0Estimated Mortgage Balance
$567,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,402 /month
Positive
Cash Flow Estimate:
$1,134 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,403
$185,870
2025
$100,650
$85,220
$185,870
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,403
$185,870
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$567,000
100%
0%
$0/mo
12.4%