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$190,000

821 Ranch Road 261, Buchanan Dam, TX, 78609

$247,000 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$102.81 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Range Hood
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.75 acres

Land Information

APN79211
Lot Number1,2
SubdivisionIndian Hills
Land UseMobile Home
Legal DescriptionINDIAN HILLS NE 1.277 AC OF LTS 1 & 2 UDI 50 %
Census Tract970600
Assessed Land Value$50,160
Assessed Improvement Value$56,795
Assessment Year2024

About this property

Situated on approximately 1.75 acres in Buchanan Dam, this spacious 3-bedroom, 2-bath manufactured home offers 1,848 square feet of living space with room to spread out inside and out. The home features an open living and dining area with a wood-burning fireplace, split-bedroom floor plan, island kitchen, fresh interior paint, and wood-look LVP flooring throughout the main living areas. The exterior has been updated with R-panel metal siding and matching skirting, complemented by a covered front porch perfect for enjoying the Hill Country setting. A detached metal shop with a roll-up door and concrete slab provides additional space for storage, hobbies, or equipment. The home is legally affixed and conveys as real property, offering buyers additional financing possibilities. Located approximately 2 miles from the boat ramp at Black Rock Park on Lake Buchanan, this property offers convenient access to boating, fishing, and outdoor recreation while providing plenty of space for a full-time residence, weekend getaway, or investment. Llano CAD reflects land entries totaling approximately 1.75 acres; however, a 2000 LCRA survey on file reflects 1.277 acres. Acreage discrepancy to be independently verified by buyer.

Investor Tools

$0Estimated Mortgage Balance
$164,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$247,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,133
$106,955
2024
$50,160
$56,795
$106,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,133
$106,955

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$164,000
100%
0%
$0/mo

City: Buchanan Dam

821 Ranch Road 261 | Property Details | No Agent List