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$643,170

NAL Estimated Property Value

1094 County Road 4850, Leonard, TX, 75452

$688,725 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,463 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.24 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1.66 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APN132757
Lot Number3
Land UseResidential
Legal DescriptionTEXAS CHOICE ESTATES, LOT 3, ACRES 1.66
Census Tract950701
Assessed Land Value$119,110
Assessed Improvement Value$524,060
Assessment Year2025

About this property

Sellers are open to negotiating sellers concessions to be used towards interest rate buy down, closing costs, etc. Bring your offer and we can discuss. This beautiful 4 bed, 3 full bath home sitting on 1.66 acres just outside the city limits of Leonard. The property offers plenty of space inside and out. The owners added a brand-new 2,000 sq ft metal shop featuring an upgraded 200 amp breaker, three roll-up doors, with plenty of covered parking. The concrete driveway has been extended for additional parking, an additional rock driveway leading to the shop, and upgraded the main breaker for the house. Inside the home you will be greeted with a grand entry with 10–12 ft ceilings throughout, giving it a spacious feel. The living room centers around a true wood-burning fireplace, perfect for those cold winter nights. The kitchen is built for both function and style with cabinets to the ceiling, a large island, and a walk-in pantry. The dining area boasts 2 beautiful picture windows, letting in plenty of natural light and giving you beautiful views. A full-size laundry room adds convenience and storage. The primary suite is a retreat of its own with a modern soaking tub, separate tile shower, and a large walk-in closet complete with 3 levels of clothing racks for seasonal rotating. With 4 bedrooms and 3 full baths, this home has space for everyone while keeping a comfortable layout. Outside the city limits, you’ll enjoy the peace of country living while still being just minutes from town. Whether you need room for hobbies, storage, or projects in the shop, or simply want a spacious and well-designed home, this property has it all.

Investor Tools

Property Icon
$643,170
Estimated Property Value
$727,236Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$688,724
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,859 /month
Positive
Cash Flow Estimate:
$1,286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,482
$643,170
2025
$119,110
$524,060
$643,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,482
$643,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$378,400
No
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$727,236
N/A
0%
113%
$4,538/mo

Learn About the Market: Opportunity in Texas

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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: Leonard

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1094 County Road 4850 | Property Details | No Agent List