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$350,000

1640 Coble Road, Poteet, TX, 78065

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,680 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size3.27 acres

Building Information

Year Built1996

Land Information

APNR11109
Land UseFarm & Ranch (>5.Ac) Non-Livable Struct
Legal DescriptionABS A00036 S ARIOLA SV-1119,3.274 ACRES,HUD# PFS0388524
Census Tract960206
Assessed Land Value$114,590
Assessed Improvement Value$75,930
Assessment Year2026

About this property

This 3.27-acre property features two manufactured homes with established rental history and infrastructure in place for potential expansion. The double-wide offers 1,680 sq. ft. of living space with 4 bedrooms and 2 bathrooms, while the single-wide offers 644 sq. ft. with 2 bedrooms and 1 bathroom. Both homes have been utilized as rental properties, with current leases set to expire at the end of October and tenants expected to vacate. The property has been improved with infrastructure to accommodate potential additional manufactured homes, including water lines extended to designated areas for future placement. Water is supplied by a privately owned well approximately 460 feet deep, with a recently replaced pump. Each existing home has its own 1,000-gallon septic tank and separate electric meter. Two additional electric meters are also in place for potential future units. The existing improvements and utility infrastructure provide an opportunity for continued rental use or potential development of a manufactured home rental community, subject to applicable requirements and approvals. Buyer to verify utility capacity, development feasibility, and any necessary permits or restrictions.

Investor Tools

$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,474
$190,520
2026
$114,590
$75,930
$190,520
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2026
$3,474
$190,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,000
100%
0%
$0/mo

City: Poteet