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$580,000

1115 County Road 2005, Ivanhoe, TX, 75447

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.25 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringCarpet, See Remarks, Vinyl

Exterior

Lot Size2.42 acres

Building Information

Year Built1986
Garage Spaces3

Land Information

APN81438
Land UseResidential
Legal DescriptionA0866 A PIARO, ACRES 2.424
Census Tract950800
Assessed Land Value$61,540
Assessed Improvement Value$346,600
Assessment Year2025

About this property

Your rural oasis awaits! Recently renovated with additional square feet - now totaling approximately 2400! Spacious and open kitchen, living and dining rooms. Updated stainless appliances in the kitchen, island and quartz counter tops. Hard surface flooring throughout the common areas. Extended primary bedroom with newly added second bath and walk in closet. Access to the back patio through primary bedroom as well. 4th bedroom or game-room in the added upstairs area with double closets and attic access with decking for additional storage. Spray foamed attic as well as updated to electrical and plumbing completed during renovation. Covered patio on the back with area for basketball court or entertaining! 30x50 detached shop with 3 overhead doors, concrete floor and stubs for plumbing to be added. Wooded lot with some walking trails, pond and chicken coop! Newly updated well pump, coupling, control box and increased water line to the home. Only a short drive to Bois d'Arc Lake!

Investor Tools

Property Icon
$580,000
Estimated Property Value
$344,000Estimated Mortgage Balance
$0Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$408,140
2025
$61,540
$346,600
$408,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$408,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Purchase Money Mortgage
$344,000
No
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$670,692
N/A
0%
116%
$4,126/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.

Explore Texas Explore This Area
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: Ivanhoe

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1115 County Road 2005 | Property Details | No Agent List