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$185,000

8301 Fm 251 S, Bivins, TX, 75555

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.98 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Oven, Gas Range, Microwave, Refrigerator

Exterior

Lot Size1 acre

Building Information

Year Built1996
Garage Spaces1

Land Information

APN10169-00120-00020-000000
Lot Number12 B
Land UseResidential
Legal DescriptionH CUNNINGHAM ABST 169 TR 12 B 1.0 AC SN1 DSETX01722A SN2 DSETX01722B TITLE # 00988754
Census Tract950500
Assessed Land Value$6,890
Assessed Improvement Value$132,420
Assessment Year2025

About this property

Country living with room to spread out! This 3-bedroom, 2-bath manufactured home offers approximately 1,568 square feet on roughly 8.8 wooded acres in the Bivins, McLeod area. The home features an open living and dining layout, vinyl plank flooring, an updated kitchen with stainless appliances, two full baths and a split-bedroom floor plan. Major updates include a metal roof and HVAC reported to have been updated in 2022. Outside, the property offers mature trees, covered outdoor living areas, a circle drive, attached carport, multiple storage buildings and plenty of usable acreage for recreation, gardening or additional outdoor space. Enjoy a private rural setting while remaining within the McLeod ISD area. Property is being sold as-is.

Investor Tools

$117,451Estimated Mortgage Balance
$66,549Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Calvin Lyman

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$654
$139,310
2025
$6,890
$132,420
$139,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$654
$139,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leader One Financial Corp
Fha
$127,187
Yes
First
Sep 22, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,451
$66,549
36%
64%
$763/mo

City: Bivins

8301 Fm 251 S | Property Details | No Agent List