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$187,000

811 N Martin St, Malakoff, TX, 75148

$243,100 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths4,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$49.91 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 5Bathrooms Full 5
AppliancesOther

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

Property Icon
$187,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$297,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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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

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: Malakoff

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