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Nolan 79556
15080 Highway 126
Photo of 15080 Highway 126
Sold on Sep 3, 2026

3

Map

Photo of 15080 Highway 126
Photo of 15080 Highway 126
$70,000
● House - Off Market

15080 Highway 126

Nolan, TX 79506
bedrooms
2 Beds
bathrooms
2 Baths
square feet
3,000 Ft²
$614
Est. Monthly

About This Property

Unique opportunity near the rapidly expanding Nolan windfarm project, offering strong income potential with almost no nearby lodging available for incoming workers. This 1-acre property includes a two-bedroom, two-bath single-wide mobile home along with a former church building featuring two bathrooms with baptistry and ample space for renovation. The church structure could be converted into multiple rental units, creating an attractive investment for short-term or long-term housing demand driven by the project. RV parking could also be added.  All improvements and contents will be auctioned on August 15th, presenting a rare chance to secure versatile property in a high-need area.  Please confirm all measurements.  Years of construction of mobile home and church are unknown.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$42
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

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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: 30 days ago (NTREIS #21340811)

Price History

Date / Event Date Event Price
Sep 3, 2026 Sold
Premium
Sold
Aug 19, 2026 In contract -
In contract
Jul 24, 2026 Listed by Tommy Simons (office) $125,000
Listed by Tommy Simons (office)

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 5
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: H&TC BLK 64 SEC 311 ABST 0218

Neighborhood

  • School District Name: Blackwell Consolidated Independent School District
  • Census Tract: 950500

Geography

  • Account Number: 17502
  • Parcel: N0218-0001-00
  • Block: 64
  • Municipality: BLACKWELL
  • Latitude: 32.2668
  • Longitude: -100.245

    Address

  • Full Address: 15080 Highway 126
  • Address - House Number: 15080
  • Address - Street Name: Highway 126
  • State: TX
  • City Name: Nolan
  • Zip Code: 79537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $52,384
  • Tax Rate Code Area: 1N 3B 4W 5

    Appraisal Valuation

  • Standard Deviation: 0.4386
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 92,933
  • High Value: 133,694
  • Low Value: 52,171

    Market Valuation

  • Market Total Value: $74,780
  • Market Land Value: $1,220
  • Market Improvement Value: $73,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,780
  • Assessed Land Value: $1,220
  • Assessed Improvements Value: $73,560

    Exemptions

  • Homeowner Exemption: Yes
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 Nolan

Stats & Trends

Median Asking:

$142,450

Sale Price/ft²

$97

Below Asking

0.10%

Average Days on Market

83

Average Home Size

2095 ft²

Average Home Age

-

Currently For Sale

19 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

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NTREIS

Listed by: Tommy Simons, Tommy Simons (office)
Last Updated: 30 days ago
Data Source: NTREIS MLS, MLS# 21340811
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15080 Highway 126 built and last sold?
The property at 15080 Highway 126 was built in 1993 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15080 Highway 126 is $136,571.
What are some comparable homes to 15080 Highway 126?
There are currently no comparable homes to 15080 Highway 126.
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