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$239,780

NAL Estimated Property Value

1074 Indian Circle, Garwood, TX, 77442

Off MarketInfo
Baths1,200 Sq Ft
price_per_sqft$220.83 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Exterior

Lot Size8.85 acres

Land Information

APN1094000100700
Lot Number7,8
Land UseAgriculture / Farming
Legal DescriptionBLK 1 LT 7-8 FOREST OAKS 8.854 AC & GARAGE
Assessed Land Value$219,140
Assessed Improvement Value$20,640
Assessment Year2025

About this property

Rare to come on the market in Forest Oaks subdivision in Altair! Huge oak trees throughout this 8.854-acre property. Rolling terrain with a seasonal creek at the back of the property. A 1200 sf metal shop on slab is perfect for storing equipment or convert into a barndominium! The shop has 2 overhead doors and one entrance door. Great for cookouts and entertaining! Underground electricity is in place as well as public water! There are two entrances that circle the property complete with culverts topped with crushed granite. Small acreage is hard to find and terrific location, just a hop off 90-A. Tons of wildlife in this area and a perfect place to escape and unwind! Once you see it, you will love it!

Investor Tools

Property Icon
$239,780
Estimated Property Value
$193,124Estimated Mortgage Balance
$46,656Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,789
$239,780
2025
$219,140
$20,640
$239,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,789
$239,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aden Morley
Credit Line (Revolving) / Heloc
$200,000
No
First
Jun 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,124
$46,656
19%
81%
$1,200/mo

Learn About the Market: Opportunity in Texas

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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: Garwood

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1074 Indian Circle | Property Details | No Agent List