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$286,000

NAL Estimated Property Value

10833 Fm 2657, Kempner, TX, 76539

$371,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.17 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesFree-Standing Electric Range, Washer/Dryer
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size14.17 acres

Land Information

APN55485
SubdivisionWilliam Reese
Land UseResidential
Legal DescriptionABS A0718 WILLIAM REESE, TRACT PT 9, 15.17 ACRES
Census Tract960101
Assessed Land Value$29,366
Assessed Improvement Value$5,651
Assessment Year2025

About this property

At 3.81 acres, this remarkable property with Lampasas River frontage represents an incredible opportunity to bring your dream home to life or create a working farm or ranch. Originally purchased by the seller to remodel, now is the perfect time to take those renovations over the finish line or clear the land for use. The current residence includes three bedrooms, one bathroom, kitchen, dining room, living room, laundry room, and a sizable unfinished space that could be reimagined as a spacious primary suite or a great room with a loft above for an office. With a distinctly Texan personality, there are many extraordinary features, including soaring ceilings, rich wood beams and accents, decorative stonework, stone fireplace, woodburning stove, clawfoot tub, and standing shower. A new-in-box washer, dryer, range hood and Semihomemade brand kitchen cabinets are included in the sale; the purchaser would just need to install them post-closing. All other tools and remodeling materials currently in the home also included in sale. Walking path to river frontage needs a simple clearing and leads to a great fishing spot. Park your RV, farm equipment, large tractors, store your boat, or build a huge workshop or two–this property is both versatile and subdividable. Sold as-is. Per local zoning authority, No restrictions! Your piece of Texas awaits you. Bring your vision to life right here.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$0Estimated Mortgage Balance
$286,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$371,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$195
$35,017
2025
$29,366
$5,651
$409,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$195
$35,017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$341,000
100%
0%
$0/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: Kempner

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10833 Fm 2657 | Property Details | No Agent List