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$470,260

NAL Estimated Property Value

1020 County Road 278, Gustine, TX, 76455

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.34 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Water Heater, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size34.79 acres

Building Information

Year Built1965

Land Information

APN10819
Land UseResidential
Legal DescriptionA00058 BIBB, W. RILEY, ACRES 34.79
Census Tract950400
Assessed Land Value$231,350
Assessed Improvement Value$238,910
Assessment Year2025

About this property

Welcome to rural living with a property that features a well maintained farm house, RV carport, carports for the cars and trucks, storage, workshop, open pasture for stock, and a heavily treed boundary along the west and north side of the property. A survey will be required that will result in approximately 35 acres and the home. The 53 acre tract contiguous to the northern boundary of the property that shares the wet weather creek is also listed that would make this an approximate 88 acre place. See MLS#20036662

Investor Tools

Property Icon
$470,260
Estimated Property Value
$297,656Estimated Mortgage Balance
$172,604Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,822 /month
Positive
Cash Flow Estimate:
$941 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21
$470,260
2025
$231,350
$238,910
$470,260
No

Tax History

Year
Tax Paid
Assessed Value
2022
$21
$470,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$320,000
Yes
First
Aug 15, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,656
$172,604
36%
63%
$1,919/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: Gustine

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1020 County Road 278 | Property Details | No Agent List