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$429,000

1014 N Shipp St, Madisonville, TX, 77864

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$357.5 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size3.07 acres

Building Information

Year Built2022
Garage Spaces4

Land Information

APNR-0110-000-1847-901
Land UseResidential
Legal DescriptionA0110 J S HUNTER TRACT 184-7 3.074 ACRES
Census Tract000400
Assessed Land Value$90,010
Assessed Improvement Value$239,560
Assessment Year2025

About this property

Escape to the peace and quiet of country living with this beautiful 2021-built home situated on 3.1 unrestricted acres just minutes from downtown Madisonville. This charming home offers thoughtfully designed living space, blending modern comfort with rural charm. A 30’ x 40’ insulated, air-conditioned shop featuring its own dedicated 200-amp electrical service. The shop also includes a full bathroom and two additional rooms, providing excellent flexibility for a workshop, office, storage, or other potential uses. The property is fully equipped for those looking to enjoy a hobby farm, horse property, or simply extra room to spread out. With multiple outbuildings, open pasture, and plenty of space for livestock, equipment, or future expansion, the possibilities are endless. Enjoy peaceful mornings on your property, breathtaking sunsets, and the privacy of country living while still being conveniently located near shopping, dining, and schools. This property is ready to welcome you home.

Investor Tools

$143,193Estimated Mortgage Balance
$186,377Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

Interested in this property?

Kristen Serrato

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,758
$329,570
2025
$90,010
$239,560
$329,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,758
$329,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Together Cu
Conventional
$150,000
No
First
Jan 17, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,193
$186,377
56%
43%
$900/mo

City: Madisonville

1014 N Shipp St | Property Details | No Agent List