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$627,000

1024 High Grove Rd, Cedar Creek, TX, 78612

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.55 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Freezer, Microwave, Plumbed For Ice Maker, Free-Standing Electric Range, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer, Electric Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10.07 acres

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR37439
SubdivisionMorgan, Hiram S
Land UseFarm/Ranch Single Family
Legal DescriptionA253 MORGAN, HIRAM S. & A308 STIDHAM, ZACHARIAH, ACRES 10.07
Census Tract950804
Assessed Land Value$301,724
Assessed Improvement Value$282,938
Assessment Year2025

About this property

Picturesque Horse Property, Gated Entrance, Winding Driveway, Private 10.07 Acres w/Additional 9.066 Contiguous Acres Available. Great Mixture of Pasture,Wooded areas and Trails.This 2200+/- sq ft (2006) Custom Built Home Offers (3) Bedroom, 2 1/2 Baths, 2 Fireplaces, Formal Dining, Eat in Kitchen, Zoned HVAC, "U" Shaped Screened Porch, Gutters Detached (2) Car Garage Finished Drywalled w/Electric. Aqua Water meter w/strategically placed spigots. Large Tank feeds 2nd tank (Crappie,Bass,Perch) 20'-25' depth per owner, Large tank aerated via windmill, Well services Tank. Home and Garage have Termite zoned protection by BugMaster. Appliances purchased within last year, Most will Convey. Finished out 2 car 24'x24' ( +/-), Detached Garage with Electric Drywalled and Insulated. 26'x48'X13' Center(+/-) Metal Barn, Storage Shed, Pasture offers (2) lean-to's with Double stalls. Outbuildings for hay /equipment. Storage Shed. A Must See Property.

Investor Tools

Property Icon
$627,000
Estimated Property Value
$506,250Estimated Mortgage Balance
$0Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,020 /month
Positive
Cash Flow Estimate:
$1,340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,057
$584,662
2025
$301,724
$282,938
$584,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,057
$584,662

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$506,250
No
First
Sep 21, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$963,324
N/A
0%
154%
$6,072/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.

Explore Texas Explore This Area
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: Cedar Creek

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