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$495,000

10881 Fm 1409, Dayton, TX, 77535

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

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher
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

$248,486Estimated Mortgage Balance
$242,050Estimated Equity
33% 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

Interested in this property?

Gaynell Blackshear

Blackshear Realty

ContactContact

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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%

City: Dayton

10881 Fm 1409 | Property Details | No Agent List