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$400,000

11416 Fm 244 Rd, Anderson, TX, 77830

On MarketInfo
Just AddedInfo
Baths1 Bath
Baths912 Sq Ft
price_per_sqft$438.6 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Stories1
Roof Type105

Land Information

APNR16938
Land UseResidential
Legal DescriptionA0223 P GOODBREAD, TRACT 74, ACRES 1.00
Census Tract180304
Assessed Land Value$57,500
Assessed Improvement Value$102,790
Assessment Year2025

About this property

This is a 1 acre prime spot next to the new Tera Fab facility entrance. It would be great for C-Store/Food. This is one of a few remaining spots around the Tera Fab property lines. It has a livable 912sqft cabin on it with 2 smaller barns. It has co-op water and a large aerobic septic system. Owner will entertain all offers and is looking for a quick sale.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$97,500Estimated Mortgage Balance
$201,813Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Kevin Carnes

Beyond Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,143
$160,290
2025
$57,500
$102,790
$160,290
No

Tax History

Year
Tax Paid
Assessed Value
2021
$1,143
$160,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$97,500
Yes
First
Jul 19, 2021
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,187
$201,813
69%
30%
$585/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: Anderson

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11416 Fm 244 Rd | Property Details | No Agent List