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$350,000

7418 Paluxy Highway, Tolar, TX, 76476

$455,000 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$583.33 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

ARV FlipMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Range
FlooringVinyl

Exterior

Exterior FeaturesStorage, Other

About this property

Looking for an awesome property in the country? This recently refurbished, fully furnished, 2 bedroom 1 bath mobile home, located on 0.708 acre has its own water well and well house, chicken coop, chicken pen and two nice shops -- 30 x 32 and 24 x 15. Mobile home is set up for a home, a great Air B&B, or rental investment property. Completely renovated with new AC and propane heat, new glued down plank flooring, new plumbing fixtures, new ceramic shower (no tub), new cabinets, new granite counter tops and new sinks. Also, new appliances, which include a refrigerator with icemaker, dishwasher, vent-a-hood-microwave combination, and garbage disposal. Slightly used electric range. New light fixtures, switches & plugs, new hose bibs front & back & new gutters. Underpinned & insulated. 2x 4 pressure treated construction with R13 insulation. Plenty of exterior lighting, flood lights and light pole, etc. around mobile home & shops. Landscaped with St. Augustine grass, plants & rock flowerbeds. Sprinkler system in back yard & part of front yard, with drip system to plants. Backyard is fenced with a 5 ft. pipe fence and no climb wire + 2 gates. Front porch has steel floors & ceiling, with ornamental iron fence around it, gate, wood deck & metal roof. Back porch is all rough cedar wood with a metal roof. Carport on shop. All contents, including furniture, appliances, pillows & bedding, towels, linens, window treatments, TVs, wall decor, to convey. Excellent location for fruit stand or other business.

Investor Tools

$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Lana Robinson

Prairie Wind Real Estate

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Financing Details

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

City: Tolar

7418 Paluxy Highway | Property Details | No Agent List