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$498,000

1080 Elenburg Road, Perrin, TX, 76426

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,308 Sq Ft
FarmFarm
price_per_sqft$366.21 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringCombination

Exterior

Private PoolPrivate Pool
Lot Size1 acre

Building Information

Year Built1978

Land Information

APN10679
Land UseResidential
Legal DescriptionAB 609 J TURNER
Census Tract950500
Assessed Land Value$14,000
Assessed Improvement Value$112,500
Assessment Year2025

About this property

Updated farmhouse with 22+- acres for you to call home! This home has been recently remodeled to provide a warm homey feel as soon as you walk in. The property is fenced around the perimeter and some areas cross fenced to help separate livestock. Complete with a stocked tank for fishing on a quiet afternoon is just one of the many features that you will just love when you make the move to the country. Only about 15 minutes from Jacksboro you have the joys of nature, but not too far from the things you need. This property has a about 10 acres of producing coastal as well. Two barns or outbuildings hell with storage and livestock needs. Speaking of nature, don’t be surprised to see plenty of wildlife like turkey and deer just meandering around! Pool is above ground and will convey with equipment to new owners.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$336,101Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$126,500
2025
$14,000
$112,500
$126,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$126,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$175,000
No
First
May 9, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,899
$336,101
67%
33%
$1,050/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.

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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: Perrin

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1080 Elenburg Road | Property Details | No Agent List