ActiveResidential · sale

1575 County Road B Rd

Lexington, TX 78947

$199,000

  • 1 beds
  • 1 baths
  • 620 sq ft
  • 4.57 acres
  • Built 2019

Listed by Rainey Real Estate · MLS #ACT7113802

1575 County Road B Rd, Lexington, TX 78947 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The home itself is approximately 620 sqft with an open concept floorpan that has a spacious and cozy feel!

Details worth a look

The bathroom has a huge garden size tub/shower combo and built in shelving for storage.

Year built

Built in 2019.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Super cute starter home situated on 4.5 acres in Blue Acres in Lexington, Tx! Built in 2019, this one bedroom/ one bath manufactured home is perfect for that first time home buyer or would even make a great little investment property! The home itself is approximately 620 sqft with an open concept floorpan that has a spacious and cozy feel! The kitchen/ dining combo is open to the living area and comes with a refrigerator, built in microwave, dishwasher and electric stove/oven. There is also a nice little breakfast bar! Just past the kitchen you will find the laundry area with all electric washer/dryer connections. The bathroom has a huge garden size tub/shower combo and built in shelving for storage. The primary bedroom is good size with a large two door closet space. Outside there is a massive front deck that would be perfect for entertaining! There is also a large storage building to store all your outdoor equipment as well as a 100 gallon propane tank suitable for an RV hookup. The septic tank is newer as it was just installed a little over a year ago. New survey available that was just approved by the county. All in all, it's a great little property that has so much to offer! Come see for yourself!
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THE NEIGHBORHOOD

Explore the location.

1575 County Road B Rd, Lexington, TX 78947

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2019
Full baths
1
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Electric
Heating
Electric
Appliances
Dishwasher, Microwave, Free-Standing Electric Range, Refrigerator, Electric Water Heater
Flooring
Carpet, Vinyl
Fencing
None
Accessibility
None
Pool features
None
Subdivision
BLUE PROPERTIES
Parcel
23654
Elementary school
Lexington
Middle school
Lexington
High school
Lexington
Annual property tax
$558.66

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$829.17
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1575 County Road B Rd, Lexington, TX 78947 · MLS #ACT7113802

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #ACT7113802 · Austin Board of Realtors

Listing brokerage: Rainey Real Estate
Listing agent: Alexis Graham

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.