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$342,000

1040 Fm 2682, Karnack, TX, 75661

Off MarketInfo
Baths0 Bath
Baths8,000 Sq Ft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size81.25 acres

Building Information

Year Built2004

Land Information

APN00746.00180.00020.000000
Land UseResidential
Legal DescriptionACRES: 81.250 ABST: 746 WM R D WARD SHED
Census Tract020104
Assessment Year2025

About this property

This outstanding 81-acre property has been well maintained and offers a perfect blend of functionality and natural beauty. It features three ponds, adding both aesthetic appeal and a reliable water source for wildlife or livestock. A large shop and two barns provide lots of storage and workspace, while fenced-off areas are ideal for grazing and housing livestock. With electricity and water already on-site, this property is fully equipped for farming, ranching, or building your dream home. Whether you're seeking a productive agricultural property or a private rural retreat, this stunning acreage has it all.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$347,343Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,934
N/A
2025
N/A
N/A
$285,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,934
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Winnsboro State Bank & Trust Co
Investor Non-Conforming Loan
$347,343
No
First
Jan 22, 2026
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,332
N/A
0%
101%
$2,083/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: Karnack

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1040 Fm 2682 | Property Details | No Agent List