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Tye 79563
102 Flamingo Drive
$164,000
● Mobile Manufactured - Off Market

102 Flamingo Drive

Tye, TX 79563
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$786
Est. Monthly

About This Property

Great investment opportunity! 4 bed, 2 bath mobile home with a practical layout, spacious living area, and primary bedroom with private bath. Additional bedrooms provide versatile space for tenants or guests. Ideal for rental income or affordable housing. Convenient access to nearby amenities.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$119
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2007

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago (NTREIS #21188699)

Price History

Date / Event Date Event Price
Apr 21, 2026 Sold
Premium
Sold
Mar 20, 2026 In contract -
In contract
Mar 13, 2026 Listed by KW SYNERGY* $160,000
Listed by KW SYNERGY*

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,500
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TYETOWNE MOBILE ESTATES SEC 1
  • Land Acres: 0000000356
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: TYETOWNE MOBILE ESTATES SEC 1, BLOCK A, LOT 1 & 2, MH LABEL# NTA1422764 / NTA1422765

Neighborhood

  • School District Name: Merkel Independent School District
  • Census Tract: 013200

Geography

  • Parcel: 55718
  • Block: A
  • Lot: 1,2
  • Municipality: TYE
  • Latitude: 32.4438
  • Longitude: -99.8694

    Address

  • Full Address: 102 Flamingo Dr
  • Address - House Number: 102
  • Address - Street Name: Flamingo
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Tye
  • Zip Code: 79563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,764
  • Tax Rate Code Area: SME

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 105,642
  • High Value: 125,257
  • Low Value: 86,028

    Market Valuation

  • Market Total Value: $54,552
  • Market Land Value: $6,200
  • Market Improvement Value: $48,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,552
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $48,352

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2007
  • Current Sale Recording Date: May 14, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 07008966
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tye

Stats & Trends

Median Asking:

$157,000

Sale Price/ft²

$111

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1316 ft²

Average Home Age

61 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Jonathan Jones, KW SYNERGY*
Last Updated: 7 months ago
Data Source: NTREIS MLS, MLS# 21188699
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 102 Flamingo Drive built and last sold?
The property at 102 Flamingo Drive was built in 2007 and last sold on May 4, 2007 for $94,400.
How much is this home worth?
The estimated value of the home located at 102 Flamingo Drive is $0.
What are some comparable homes to 102 Flamingo Drive?
There are currently no comparable homes to 102 Flamingo Drive.
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