The Lakes Real Estate Search

The Lakes Properties under $200,000 for Sale

Our website features the best real estate search for under $200,000 properties available in The Lakes and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the The Lakes real estate market? Sign up for a  The Lakes Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest The Lakes Properties under $200,000 for Sale

$178,000
3 Beds 1 Baths 558395 MLS
Charming 3-Bedroom Home Near Lake Jackson with Barn & Plenty of Outdoor Space! Looking for a home with character, useful outdoor space, and a location close to the lake? This 3-bedroom, 1-bathroom home offers a great combination of recent updates and established outdoor features, all just a few blocks from Lake Jackson. Inside, you'll find new carpet, insulated windows, and a recently upgraded electrical panel box. The roof and HVAC are approximately 5 years old, providing some important updates for the next owner. The kitchen includes a new stove, while outside, the property offers plenty of room to enjoy and put to use. Two covered carports—one on each side of the home—provide convenient covered parking. The exterior decking offers a place to sit and enjoy the outdoors, while several mature pecan trees add shade and character to the property. For those looking for extra workspace or storage, the approximately 30' x 20' barn is equipped with electricity and offers plenty of possibilities for equipment, hobbies, storage, or a workshop. The property also features established turmeric and ginger plants for those who appreciate gardening and growing their own plants. With gas available, a newer electrical panel, approximately 5-year-old roof and HVAC, and a location just a few blocks from Lake Jackson, this property offers plenty to appreciate. Come take a look and see what this home has to offer!

24144 5th Avenue, Florala

Listing courtesy of Two Lane Realty LLC.

$164,900
8 Beds 5 Baths 793721 MLS
Outstanding multifamily investment opportunity with exceptional potential! This 2.5-acre corner parcel in Southport, Florida, features three income-producing mobile homes and is ideal for investors looking to expand their rental portfolio. The seller is retiring, creating an excellent opportunity to own a property with established rental history and future upside. Conveniently located just 11 miles (approximately 15 minutes) from Lynn Haven, the property offers a peaceful setting with easy access to shopping, dining, schools, and everyday conveniences. The surrounding area includes established neighborhoods such as Lake Merial, White Oaks, and Skunk Valley. The mobile homes are older and could benefit from some TLC, but they have provided consistent rental income for many years. Previous rental rates were $750/month, $550/month, and $675/month, with long-term tenants in place. The seller believes current market conditions may support higher rental rates, offering additional income potential. Whether you choose to continue operating the property as a rental investment, renovate the existing homes, or take advantage of the beautiful corner parcel to build your dream home, this property offers flexibility and numerous possibilities. Don't miss this unique opportunity to own acreage with income potential in a desirable and growing area. Property and home dimensions are approximate.

12933 Farm Road, Southport

Listing courtesy of Coldwell Banker Realty.

Start Your Search