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$99,000

201 W Noble Street, New Deal, TX, 79350

$128,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths2,500 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$39.6 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRV Hookup
Lot Size1.25 acres

Building Information

Year Built2000
Roof Type112

Land Information

APNR45746
Land UseResidential
Legal DescriptionBLK D SEC 34 AB 858 TR 1 FERGUSON TRS ACS: 1.248
Assessed Land Value$17,472
Assessed Improvement Value$5,000
Assessment Year2025

About this property

TWO Manufactured Homes-1.248 Acres-INVESTMENT OPPORTUNITY! Great opportunity in New Deal! Situated on 1.248 acres, this property features two Manufactured Homes, city water, and existing 4 electrical infrastructure-all offered at $99,000 The Front home is approximately 1,300 sq. ft., has been updated, and has previously rented for $900.00/Month. The second home is approximately 1,200 sq. ft. and offers additional income potential, with estimated market rent of approximately $650.00/Month. Based on those figures, potential combined gross rental income is aproximately $1550/Month or $18,600 annually. Whether you're looking for an investment property, an opportunity to live one home while renting the other, or a property with room and future possibilities, this one deserves a look. Existing utility infrastructure may provide additional flexibility involving the existing manufactured-home sites, subject to applicable City of New Deal requirements. Two Homes. 1.248 Acres. INCOME potential $99,000.00 Seller has existing surveys available. If Buyer or Buyer's lender/title company require a new or updated survey, Buyer shall obtain and pay for the new or updated survey.

Investor Tools

$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$128,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

Interested in this property?

Kim Gilreath

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$503
$22,472
2025
$17,472
$5,000
$22,472
No

Tax History

Year
Tax Paid
Assessed Value
2025
$503
$22,472

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

City: New Deal

201 W Noble Street | Property Details | No Agent List