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Days591Days on Market
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$1,640,000

1075 Two Bush Rd, Perrin, TX, 76486

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,341 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$377.79 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Oven, Electric Range
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size1 acre

Building Information

Year Built2023

Land Information

APN51159
Land UseResidential
Legal DescriptionAB 214 J W FRAZIER
Census Tract950500
Assessed Land Value$13,960
Assessed Improvement Value$587,930
Assessment Year2025

About this property

Welcome to your dream luxury ranch estate, where modern sophistication meets country tranquility on 40 acres, fully fenced for cattle and horses. This exceptional property features two stunning residences. The main luxury home offers 5 bedrooms 4 bathrooms, 2 living areas and 2 offices. Bragging 4 patios-balconies totaling 1,132 SF of endless breathtaking views. A private spa room with a hot sauna, jetted tub and shower provides the ultimate relaxation. The secondary residence with option to purchase sit on 10 Acres, 2,184 square feet home, is perfect for multi family, guests or staff and sits next door offering privacy and the option to subdivide. 40 acres are ready for cattle, horses, or future expansion. This unique property blends a peaceful rural lifestyle with modern amenities, offering endless possibilities.

Investor Tools

Property Icon
$923,000
Estimated Property Value
$578,000Estimated Mortgage Balance
$379,623Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,840 /month
Positive
Cash Flow Estimate:
$3,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$601,890
2025
$13,960
$587,930
$601,890
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$601,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Centennial Mortgage Corp
Credit Line (Revolving) / Heloc
$578,000
No
First
Feb 10, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$543,377
$379,623
41%
59%
$3,466/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: Perrin

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1075 Two Bush Rd | Property Details | No Agent List