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$389,900

$399,000

1001 Highway 587, De Leon, TX, 76444

$440,225 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.88 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size1.04 acres

Building Information

Year Built1920

Land Information

APN60081
Land UseResidential
Legal DescriptionA00639 MOORE, ELENOR, ACRES 1.037
Census Tract950102
Assessed Land Value$13,480
Assessed Improvement Value$386,980
Assessment Year2025

About this property

Set on just over an acre in a highly desirable location just outside of town, this spacious farmhouse offers over 3,000 square feet of living space with character, generous room sizes, and a floor plan designed for comfortable everyday living. The inviting wraparound porch creates a welcoming first impression and provides the perfect place to enjoy the surrounding countryside views. Inside, the large kitchen serves as the heart of the home, featuring granite countertops, a center island, updated backsplash, abundant cabinetry, and an open flow into the second living area and sunroom. Tall ceilings in the kitchen and expansive windows fill these spaces with natural light. With four bedrooms, three full bathrooms, and two separate living areas, the home offers exceptional flexibility and functionality. The primary suite includes a cozy fireplace, adding warmth and character to the private retreat. Spacious secondary bedrooms, large common areas, and thoughtful storage options throughout the home provide room to spread out. The sunroom offers a bright additional gathering space overlooking the property, while the outdoor storage building provides extra room for equipment, hobbies, or seasonal items. Mature trees, open space, and a convenient location combine to create a property that is increasingly difficult to find. With solid bones, an attractive layout, and endless potential for personalization, this property presents a rare opportunity to enjoy country living with the convenience of town just minutes away. A home filled with space, charm, and possibilities, ready for its next chapter.

Investor Tools

$0Estimated Mortgage Balance
$400,460Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,224
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,403 /month
Positive
Cash Flow Estimate:
$801 /month

Interested in this property?

Brittany Elkins

Ebby Halliday Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,264
$400,460
2025
$13,480
$386,980
$400,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,264
$400,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$456,000
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: De Leon

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