Last 24 Hours
$187,000
NAL Estimated Property Value811 N Martin St, Malakoff, TX, 75148
$243,100 ARV
Off Market
2 Beds
1 Bath
4,588 Sq Ft
$49.91 / sqft
Built in 1973Property Lead Type:
ARV FlipAbsentee OwnerVacant Homes
Highlights
Interior
Bedrooms 2
Bathrooms Full 5AppliancesOther
Building Information
Year Built1973
Land Information
APN2055-0004-0060-61
Lot Number6,7
SubdivisionBailey-Phillips (62)
Land UseResidential
Legal DescriptionAB 481 G MARTINEZ SUR, BAILEY PHILLIPS SUBD, BLK 4, LTS 6 & 7
Census Tract951000
Assessed Land Value$3,500
Assessed Improvement Value$38,848
Assessment Year2025
About this property
12 unit mobile home park for under $240k on 2 acres!! With around 2 acres of potential, this property features a total of 12 lots, including 5 vacant lots and 7 park owned homes currently on-site, of which 2 are currently occupied. With some TLC, these units could be revitalized to unlock their full rental potential. Contact us today for more details and to seize this exceptional offer! BUYER TO VERIFY ALL MEASUREMENTS, ALL SCHOOLS, AND ALL UTILITIES. SELLER IS RELATED TO THE LISTING BROKER.
Investor Tools
$187,000
Estimated Property Value
$393,554Estimated Mortgage Balance
$187,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$243,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$654
$42,348
2025
$3,500
$38,848
$42,348
No
Tax History
Year
Tax Paid
Assessed Value
2024
$654
$42,348
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hawkeye One Enterprises Inc
Unknown
$200,000
No
First
Jun 26, 2025
Jul 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,554
N/A
0%
210%
$2,400/mo
12.4%