$160,000
11113 Mckinley Dr, Venus, TX, 76084
$200,873 ARV
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1 acre
Building Information
Year Built1999
Land Information
APN126.4445.02850
Lot Number35
Land UseResidential
Legal DescriptionLOT 35 BLK 5 HILLS OF SPRINGWOOD PH 2 S# HOTX08809804A/B L# NTA0938309/10 ELECTED REAL
Census Tract130412
Assessed Land Value$72,000
Assessed Improvement Value$106,241
Assessment Year2026
About this property
One acre of land in a peaceful country setting close to Mansfield. The property is being sold for land value but includes a 1,344 square-foot manufactured home built in 1999 that needs work and is not in livable condition. Located entirely outside city limits, this property has tons of potential.
Investor Tools
$44,746Estimated Mortgage Balance
$193,568Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$200,872
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,931
$178,241
2026
$72,000
$106,241
$178,241
No
Tax History
Year
Tax Paid
Assessed Value
2026
$2,931
$178,241
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Fha
$86,731
Yes
First
Mar 6, 2006
Apr 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,746
$193,254
81%
19%
$583/mo
