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$495,000

10881 Fm 1409, Dayton, TX, 77535

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,754 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.74 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven
FlooringCarpet, Tile

Exterior

Lot Size1.04 acres

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR75600
SubdivisionWoodridge Park
Land UseResidential
Legal DescriptionWOODRIDGE PARK, LOT TRACT 21, ACRES 1.041
Census Tract701100
Assessed Land Value$74,290
Assessed Improvement Value$297,340
Assessment Year2025

About this property

If you’ve been dreaming of a place where fishing, kayaking, backyard BBQs, and peaceful evenings by the water are part of everyday life, 10881 FM 1409 is the property you’ve been waiting for. This beautiful lakefront property on Champion Lake offers over an acre of outdoor enjoyment with a fully fenced backyard that stretches down to the water. Imagine spending weekends casting a line, launching your kayak, grilling with friends on the oversized back deck, or simply enjoying the privacy and open green space. Inside, the split-level home features 4 bedrooms, 2.5 baths, a study, HUGE living area, and a bright kitchen with tons of cabinet space and breakfast bar. A newer massive workshop with added concrete driveway, detached 2-car garage, and this property is perfect for outdoor lovers. Workshop is 30x39. New carpet in all bedrooms. Propane for hot water, stove/oven and heater. Electric for ac. This home DID NOT FLOOD during Harvey.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$274,928Estimated Mortgage Balance
$242,050Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,495
$371,630
2025
$74,290
$297,340
$371,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,495
$371,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$274,928
Yes
First
Sep 20, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,486
$123,144
33%
51%
$1,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,715/mo
+$511/mo
5.5%

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: Dayton

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10881 Fm 1409 | Property Details | No Agent List