$1,257,000
NAL Estimated Property Value10284 N Us Highway 281, Stephenville, TX, 76401
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Cooktop
FlooringCarpet, Tile, Wood
Exterior
Lot Size20 acres
Building Information
Year Built1987
Land Information
APNR000043701
Land UseResidential
Legal DescriptionA0363 HARPER GEORGE W; HOUSE & MH MPHMAKE:SOUTHERN LIFESTYLE HOMES MPHMODEL:SOUTHERN MPHSIZE:12X60 MPHYEAR:1997 MPHSERIAL:SSD
Census Tract950201
Assessment Year2025
About this property
Halfway between Stephenville and Morgan Mill on US281: 20 acres with recently remodeled 3918sf home; 3 bedrooms, 3 full baths, 2 offices. 30x40 shop, 6133 sf Horse show barn with 6 indoor stalls, 6 covered stalls with runs. Tack and feed rooms recently updated. Mobile home (needs work) for guests -workers. Gated entry on highway. Concrete and asphalt drives. Within 10 minutes of veterinary clinics and feed stores. Additional acreage is available.
Investor Tools
$1,257,000
Estimated Property Value
$793,503Estimated Mortgage Balance
$463,497Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,920
2025
N/A
N/A
$234,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$2,920
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$806,500
No
First
Jun 17, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$793,503
$463,497
36%
63%
$4,836/mo
