Last 24 Hours
$115,000
231 Oak Ave, Crosby, TX, 77532
$117,137 ARV
On Market
Just Added
3 Beds
2 Bath
1,216 Sq Ft
Single Family Residence
$94.57 / sqft
Built in 2005Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingFlooringLaminate
Exterior
Lot Size14,039 sqft
Building Information
Year Built2005
Land Information
APN0720050000069
Lot Number69,70
SubdivisionArcadian Gardens
Land UseResidential
Legal DescriptionLTS 69 & 70 ARCADIAN GARDENS SEC 5
Census Tract252800
Assessed Land Value$101,790
Assessed Improvement Value$24,427
Assessment Year2025
About this property
Investor Special! Great opportunity to own a 3-bedroom, 2-bath manufactured home situated on a spacious 14,040 sq. ft. double lot in Crosby! Built in 2005, this home offers 1,216 sq. ft. of living space with plenty of potential. Property needs repairs and TLC, including roof, water damage, and cabinet updates. The generous lot provides ample outdoor space and possibilities. No HOA! Ideal opportunity for investors or buyers looking to renovate and add value. Property is being sold as-is.
Investor Tools
$21,195Estimated Mortgage Balance
$142,805Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$117,137
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$451
$126,217
2025
$101,790
$24,427
$126,217
No
Tax History
Year
Tax Paid
Assessed Value
2024
$451
$126,217
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage & Finance Inc
Unknown
$42,933
No
First
May 16, 2007
May 2022
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,195
$142,805
87%
13%
$258/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$258/mo
+$1,562/mo
13.3%
12.4%