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A+
NoAgentList RatingHow are grades calculated?Info
Days252Days on Market
Views1view
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$74,900

$79,900

8963 Adams Circle, Cresson, TX, 76035

$97,370 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$65.24 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range, Vented Exhaust Fan
FlooringVinyl

Land Information

APN16300-001-023-00
Lot Number23
SubdivisionPonderosa Hills
Land UseResidential
Legal DescriptionLOT: 23 BLK: 1 SUBD: PONDEROSA HILLS
Census Tract140604
Assessed Land Value$40,000
Assessed Improvement Value$79,250
Assessment Year2025

About this property

Unrestricted property with space to work, store, and grow! This 2-bedroom, 2-bath doublewide sits on a quarter-acre lot in Cresson and offers flexibility that’s getting harder to find. Inside, the split-bedroom layout gives each bedroom its own full bath, making it ideal for roommates, rentals, or added privacy. The open living and kitchen area keeps things practical and functional, while a bonus room off the kitchen adds extra usable space for an office or hobby room. Out back is a large standalone shop with electricity and built-in storage — perfect for tools, equipment, projects, or a small business setup. A covered carport and plenty of open parking space make it easy to accommodate vehicles, trailers, or a boat. With no HOA and no known restrictions, this property works for living, renting, improving, or future development. Vacant and easy to show — bring your plan and make it yours! Fix and Flip, Investor Special, Investment Opportunity, Investor Friendly, Investor Deal, Rehab Opportunity, Renovation Needed, Needs TLC, Needs Work, Handyman Special, Value Add Property, Sweat Equity, Bring Your Tools, Great Flip Potential, Great ARV Potential, High ROI Opportunity, Perfect for a Flip or Rental, Fixer Upper, As Is Sale, Priced to Sell, Under Market Value, Equity Play, Instant Equity, Below Market Pricing, Cosmetic Updates Needed, Full Rehab Needed, Renovator’s Dream

Investor Tools

$58,492Estimated Mortgage Balance
$95,508Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$97,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$924 /month
Positive
Cash Flow Estimate:
$308 /month

Interested in this property?

Nathan Bowers

AmbitionX Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,394
$119,250
2025
$40,000
$79,250
$119,250
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,394
$119,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ajnj Properties
Purchase Money Mortgage
$30,000
No
First
Jan 3, 2025
Jul 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,492
$95,508
62%
38%
$360/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: Cresson

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8963 Adams Circle | Property Details | No Agent List