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$560,000

115 Horseshoe Dr, Mathis, TX, 78368

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,674 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$209.42 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Storage
Lot Size5 acres

Building Information

Garage Spaces4

Land Information

APN8085-0002-0005-00
Lot Number1
Land UseResidential
Legal DescriptionHORSESHOE HILLS ESTATES LOT 1 #74036 - MH SITS HERE
Census Tract950400
Assessed Land Value$37,200
Assessment Year2025

About this property

Amazing love has been put into this impeccably maintained ranch home sitting on 5 acres. So many fantastic improvements made to this homestead. Custom Mahogany front door welcomes you into this thoughtfully designed 4 bedroom, 3 bath home. 2 living areas, 2 primary bedrooms, a flex space for hobbies or office. Light-filled kitchen features a large island, custom tile backsplash, coffee bar, and wide windows overlooking the backyard swimming pool and green pastures. Spacious living room with beamed ceiling, built-ins and fireplace creates warmth and comfort. Primary suite has custom lighting and decorative wood hangings, rustic barn door, a large primary bathroom with spectacular spa-like shower with varying shower heads, and double vanity with custom tile backsplashes. Modern barn door leads to guest ensuite with double-vanity bath, custom backsplashes and fabulous walk-in shower. Excellent for generational living. Additional amenities include laminate flooring throughout home, water softener/treatment equipment, two whole house ventilation fans, rain gutters and custom stucco skirting around entire base of home, covered front porch and back deck with handicap ramp leading from garage to to the sundeck leading to pool. Covered patio leads to a beautifully landscaped backyard oasis with a pebble brook, accentuating a 18' x 40' above ground luxury pool that has an aeration filtration system and comes with a solar cover for heating, skimmer and all the equipment remains. 35' x 24' detached and insulated 2-car garage including lots of storage shelving, refrigerator and freezer included! 30' x 24' workshop with mini-split HVAC, roughed in for plumbing. The property is fenced and has a 16' gate with electrical outlets, rolled caliche driveway topped with crushed asphalt. No ugly overhead lines!. Upgraded electrical service with meter. Wellhouse is insulated and has heater for freeze prevention . Back property fenced a barn for farm animals. Custom dog house conveys!

Investor Tools

Property Icon
$181,000
Estimated Property Value
$0Estimated Mortgage Balance
$181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$146
$37,200
2025
$37,200
N/A
$37,200
No

Tax History

Year
Tax Paid
Assessed Value
2022
$146
$37,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$568,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mathis

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